Nusantara Science and Technology Proceedings
4th International Seminar of Research Month

Feasibility and Sensitivity Study of Big Chilli Farm Business in Jember Regency

Muhammad Firdaus (Associate Professor at Department of Magister Management, STIE Mandala Jember, East Java-Indonesia)
Suherman (Associate Professor at Department of Magister Management, STIE Mandala Jember, East Java-Indonesia)
Farid Wahyudi (Department of Economic Development, STIE Mandala Jember, East Java-Indonesia)
Ahmad Sauqi (Department of Management, STIE Mandala Jember, East Java-Indonesia)
Nanda Widaninggar (Department of Accounting, STIE Mandala Jember, East Java-Indonesia)

Article Info

Publish Date
18 May 2020

Abstract

This study aims to determine the feasibility and sensitivity of big chili farm business in Jember Regency. Chili is one of the horticultural plants that have high economic value, in spite of chili farm business also has a high risk, since the price of the chili was involatile. Using the case study type of research, primary data were obtained from 120 respondents of big chilli farmers in Wuluhan and Ambulu Districts. Sampling was done by the Multistage Cluster Sampling Method. Data analysis used R/C Ratio analysis and sensitivity analysis. The results showed that: 1) Big chilli farmbusiness in Jember Regency had an R/C Ratio of 3.37, so this farm business is feasible to be cultivated; 2) Big chilli farmbusiness had no loss if the maximum production cost increase was less than 237%, ceteris paribus. Likewise, a decrease in production or a decrease in selling prices up to 70.29%. This finding could be additional information to enlarge farmer’s big chili business.

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Journal Info
Nusantara Science and Technology Proceedings
Website

Abbrev

nuscientech

Publisher

Future Science

Subject

Agriculture, Biological Sciences & Forestry Chemical Engineering, Chemistry & Bioengineering Economics, Econometrics & Finance Engineering Law, Crime, Criminology & Criminal Justice Materials Science & Nanotechnology Medicine & Pharmacology

Description

NST Proceeding supports regional research communities to globalise their findings in Science and Technology by providing an open access, online platform in line with international publishing standards and indexing scholarly conference proceedings. The current emphasis of the NST Proceeding includes ...