ASEAN Journal of Systems Engineering
Vol 5, No 1 (2021): ASEAN Journal of Systems Engineering

OPTIMIZATION AND TECHNO ECONOMIC STUDY OF PLASTIC WASTE BENEFICIATION WITH PRODUCTION SIMULATION APPROACH CASE STUDY AT CV. PANDU KENCANA JOMBANG, EAST JAVA

Mahendra Rian Putra (Universitas Gadjah Mada)
Muslikhin Hidayat (Universitas Gadjah Mada)
Muhammad Arif Wibisono (Universitas Gadjah Mada)



Article Info

Publish Date
29 Jul 2021

Abstract

The problem of plastic waste is getting more and more worrying day by day. Meanwhile, the industrial demand for plastics is also increasing. So we need a recycling business that can bridge this. Plastic waste in the environment can be decomposed, and the industry fulfills plastic needs at low prices. This study aims to analyze and optimize the business of recycling plastic waste into plastic ore to reduce the amount of plastic waste in the environment and obtain material benefits. The research method used is a case study in a plastic waste processing company with the collection of data needed to determine the formulation of the problem so that a mathematical model of linear equations can be formed, which then, through production simulations, will be obtained optimization. The results are then analyzed with a techno-economic study to determine the feasibility of the business.After optimization of production from simulations based on a mathematical model of linear equations, if the company wants to get maximum profit, then the company must produce PP Black A of 1022.73 kg, PP Black B of 852.27 kg, PP Gray of 625 kg. Meanwhile, PP Gray Jumbo should not be produced. Based on the techno-economic study, the feasibility analysis before optimization was obtained as ROIa=23.40%, ROIb=23.24%, POTa=2.99 years, POTb=3 years, BEP=36.07%, SDP=23.98% LANG=4.1, DCFRR=18.8 %. Then the feasibility analysis after optimization is ROIa=29.88%, ROIb=29.73%, POTa=2.5 years, POTb=2.51 years, BEP=31.03%, SDP=20.63%, LANG=4.1, DCFRR=24.85%.

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Journal Info

Abbrev

ajse

Publisher

Subject

Engineering

Description

ASEAN Journal of Systems Engineering (AJSE) is published by Master Program of Systems Engineering, Faculty of Engineering, Universitas Gadjah Mada as a mean for publishing scientific works in form of research papers, literature study, or scientific review on published articles, about systems ...