Indonesia Conference Directory


<< Back

Analysis of Financial Feasibility and Value-Added Enhancement of Corn Milk Product Development
WG Rohmah, BSD Dewanti, DM Ikasari, R Septifani

Department of Agro-industrial Technology, Faculty of Agricultural Technology, Universitas Brawijaya, Malang, Indonesia


Abstract

The aims of this study were to analyze the financial feasibility and value-added increasing of corn milk product development. The financial feasibility study carried out using the criteria of Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), Break Event Point (BEP), B/C ratio and R/C ratio, while analysis of increasing value-added using the Hayami Method approach. The results showed that the product development of corn milk was financially feasible to be continued with increasing value-added of 52%. Based on the calculation of financial feasibility known that the Net Present Value (NPV) product development of corn milk is IDR 27,784,596.28. The value of Internal Rate of Return (IRR) is 81.49% and the Payback Period (PP) is 3 months. The value of business efficiency (R/C ratio) is 1.50; while the B/C ratio is 1.35. To obtain maximum profit, product sales must exceed the Break Event Point (BEP) value, which is sales of over 240 bottles or IDR 1,444,910,- with a selling price of IDR 6,000/bottle.

Keywords: corn milk, product development, financial feasibility, value added

Topic: AGROINDUSTRIAL PRODUCTION SYSTEM MANAGEMENT AND REGULATION

Link: https://ifory.id/abstract/p8FtLjTXzBfU

Conference: INTERNATIONAL CONFERENCE ON GREEN AGRO-INDUSTRY AND BIOECONOMY (ICGAB 2019)

Plain Format | Corresponding Author (Wendra G Rohmah)

Featured Events

<< Swipe >>
<< Swipe >>

Embed Logo

If your conference is listed in our system, please put our logo somewhere in your website. Simply copy-paste the HTML code below to your website (ask your web admin):

<a target="_blank" href="https://ifory.id"><img src="https://ifory.id/ifory.png" title="Ifory - Indonesia Conference Directory" width="150" height="" border="0"></a>

Site Stats