Journal of Science and Applicative Technology
Vol 2 No 1 (2019): ICoSITeR Special Edition

Feasibility Study of Shallot Production in Financial Aspect in Central Lampung (Case study : Kota Gajah)

Dian Fajarika (Industrial Engineering Department, Institut Teknologi Sumatera, Lampung Selatan, Lampung)
Rizqa Ula Fahadha (Industrial Engineering Department, Institut Teknologi Sumatera, Lampung Selatan, Lampung)
Intan Mardiono (Industrial Engineering Department, Institut Teknologi Sumatera, Lampung Selatan, Lampung)
Nur Miswari (Industrial Engineering Department, Institut Teknologi Sumatera, Lampung Selatan, Lampung)



Article Info

Publish Date
09 May 2019

Abstract

Shallot is superior vegetable commodity in which the demand has a tendency to increase. The growth of demand for commodity is in line with the growth of population in Indonesia. Shallot is included in 7 (seven) basic foodstuffs targeted by Ministry of Agriculture in Indonesia. The need of shallot is supplied by Central Java, East Java, West Java and West Nusa Tenggara. Shallot commodities in Indonesia heavily depend on the season, the government makes a regulation about shallot import for maintaining stability of price. To anticipate the occurrence of imports, the government is focused on inviting local governments to create a farming center of shallot. Lampung Province is one of the provinces that has suitable natural resources for shallot farming. The purpose of this research is to analyze the financial feasibility of shallot farming development based on NPV (Net Present Value), Net B/C (benefit/cost), IRR (Internal Rate Return), and payback period criteria. The financial feasibility analysis through the calculation of cost and benefit components obtained from shallot business and investment criteria to determine the level of feasibility in quantitative terms. The result showed that NPV is IDR. 16,747,507.38, Net B/C 1.45, IRR for 4 period is 66.03% and payback period is 3.58.

Copyrights © 2019






Journal Info

Abbrev

jsat

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Earth & Planetary Sciences Engineering Materials Science & Nanotechnology Mechanical Engineering

Description

Journal of Science and Applicative Technology is soon indexed by google scholar, SINTA (Science and Technology Index), portal garuda, DOAJ (Directory of Open Access Journals). This journal has been registered at PDII LIPI (ISSN: 2581-0545). This journal is semiannual journal. It will be published in ...