Hoist Cost Calculator for Wait Times

Hoist Efficiency Calculator

Add your estimated costs below.

Average Tradesman Cost

Average Number of Tradesman

Duration of Project (weeks)

Average number of trips per man in a day

(up and down = 2 trips)

Working days per week

If multi shift, add in days

Average wait time in min	10	9	8	7	6	5	4	3
Average tradesman cost with benefits per hour	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]
Average number of trips per man in a day (up and down=2)	[item-315_value]	[item-315_value]	[item-315_value]	[item-315_value]	[item-315_value]	[item-315_value]	[item-315_value]	[item-315_value]
Total unproductive min/day	40	36	32	28	24	20	16	12
Wait time cost per man	67	60	53	47	40	33	27	20
Duration of the project in weeks	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]
Working days per week	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]
Total working days	240	240	240	240	240	240	240	240
Number of tradesmen on a project	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]
Daily wait time cost	6667	6000	5333	4667	4000	3333	2667	2000
Project wait time job cost	$1,600,000	$1,440,000	$1,280,000	$1,120,000	$960,000	$800,000	$640,000	$480,000

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Each minute saved in hoisting efficiencies:

The final estimated price is :

Average wait time in min	10	9	8	7	6	5	4	3
Average tradesman cost with benefits per hour	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]	[item-276_value]
Average number of trips per man in a day (up and down=2)
Total unproductive min/day	40	36	32	28	24	20	16	12
wait time cost per man
Duration of the project in weeks	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]	[item-278_value]
working days per week	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]	[item-286_quantity]
total working days
number of tradesmen on a project	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]	[item-287_value]
daily wait time cost
Project wait time job cost	1,600,000	1,440,000	1,280,000	1,120,000	960,000	800,000	640,000	480,000

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Summary

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