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What Does It Cost to Teach Using OJT?   Enter values in the BLUE areas: Number of people to train with OJT:    people Trainee's hourly cost including benefits: $  per hour Hourly cost of OJT trainer including benefits: $  per hour Percentage of Trainer's time spent with a typical trainee:    % Hourly rate billed for machining time excluding labor: $  per hour Weeks it takes to complete OJT typically:    weeks Hours per week machine is idle due to learning process:    hours Average cost of scrap, rework, tool damage, repair per trainee: $   per trainee Totals     * Investment in trainee's wages per trainee: $ * Investment in trainer's time per trainee: $ Lost production time from machine used for teaching: $ Additional cost for trainee errors and learning mistakes: $ OJT's cost per trainee: $ OJT's total cost for all trainees: $ Savings potential using MasterTask system.     Percent of time reduced for trainee to master tasks:    % faster Percent of the OJT trainer time reduced:    % less time Percent of reduction in lost production time from machinery:    %time recovered Percent of reduction in trainee errors from 100% approach:    % fewer errors Savings estimate per trainee: $ TOTAL savings estimate for all trainees: $     * Assumes a 40 hr. work week.