General Assumptions
The table below shows our general cost assumptions for labor, site preparation, and traffic control in a single shift.
Variable | Value | Unit |
No of laborers | 7 | |
Hourly rate for laborers | $30 | /hr. |
No of foremen | 2 | |
Hourly rate for foremen | $40 | /hr. |
No of chiefs | 1 | |
Hourly rate for chiefs | $50 | /hr. |
Total shift hours | 10 | hrs. |
Total labor cost | $3400 | |
Traffic control time | 2 | hrs. |
Traffic control cost | $3500 | |
Site prep rate | 50 | SF/hr. |
Average depth of repair | 4 | inches |
Material Assumptions
The table below shows our material cost and coverage assumptions.
Variable | Phoscrete | Competitor | Unit |
Material cost per kit | $91 | $45 | Kit |
Material coverage per kit | 0.45 | 0.45 | cf/kit |
Material cost | $202 | $100 | /cf |
Time to mix each kit | 1 | 5 | Minute |
Kits simultaneously mixed | 2 | 2 | |
Time to open traffic | 1 | 3 | Hour |
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