Financial feasibility assessment of adopting active controlled atmosphere containers for exporting highly perishable fruits during COVID-19: case of Taiwanese atemoya

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wen-Hung Huang ◽  
Kenneth Bicol Dy ◽  
Ching-Cheng Chang ◽  
Shih-Hsun Hsu
Keyword(s):  
Net Present Value ◽  
New Technology ◽  
Assessment Tools ◽  
Export Market ◽  
Cost Ratio ◽  
Controlled Atmosphere ◽  
Relevant Market ◽  
Export Markets ◽  
Content Type ◽  
Financial Feasibility

PurposeThis study deals with attenuating the risk of relying on a single export market, which was heightened by the outbreak of the COVID-19 pandemic. It focuses on Taiwanese atemoya (a fruit with short storage life) and the adoption of active controlled atmosphere (CA) containers, a new technology which lengthens storage time for other export markets. This study looks at the financial feasibility of the technology's first ever use in atemoya exports.Design/methodology/approachApart from the standard financial assessment tools—like net present value (NPV), internal rate of return (IRR), benefit-cost ratio (BCR) and payback period (PBP)—this study calibrated five different scenarios based on data gathered from relevant market agents including suppliers, exporters, customs brokers and technology developer.FindingsDue to the high profit margin and low investment cost, the use of active CA containers for long-haul exports of this highly perishable fruit is found both technically and financially feasible, despite the generally higher operational cost during the pandemic.Research limitations/implicationsThis study looked at three specific export markets: Malaysia, Dubai and Canada. Results here may lack generalizability in other markets, although it is believed that slight deviations would not invalidate the conclusions of this research because short, medium and long distances were all covered therein.Originality/valueThis paper studies the first time that active CA is used for export of atemoyas to expand existing markets.

scholarly journals ANALISIS KELAYAKAN FINANSIAL USAHA TANAMAN HIAS DI KOTA SAMARINDA (Analysis of Financial Feasibility of Ornamental Plants Business in Samarinda City)

2019 ◽  
Vol 2 (1) ◽  
pp. 25
Author(s):  
ERICK ABDUL MUTAKABBIR ◽  
NELLA NAOMI DUAKAJU
Keyword(s):  
Sampling Method ◽  
Net Present Value ◽  
Operating Cost ◽  
Ornamental Plants ◽  
Cost Ratio ◽  
Net Benefit ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Investment Cost ◽  
Benefit Cost

Ornamental plants are commonly planted by people as decoration. This study aimed to determine income and financial feasibility of ornamental plants business in Samarinda City. This study was done in three months since November 2017 until Januari 2018 in Samarinda City. The sampling method used purposive sampling method with the number of samples as many as 29 respondents.  The data were collected through interviews with respondents. The assesment of business feasibility  was done by using some investment criterias such as Net Present Value (NPV), Internal Rate of Return (IRR), dan Net Benefit Cost Ratio (Net B/C Ratio). The results of this study showed that ornamental plants business in Samarinda City owns the average of investment cost of IDR90,982,931.00 year-1, the average of operating cost of IDR37,307,586.00 year-1, the average of revenue of IDR118,506,206.00 year-1, and the average of income of IDR81,198,620.00 year-1. The assesment results of investment in ornamental plants business in Samarinda City are NPV of IDR75,074,609.00 at discount rate of factor of 12%, IRR of 65%, while Net B/C Ratio of 1,82. This is showed that ornamental plants business in Samarinda City is financially feasible to be done.

scholarly journals FINANCIAL FEASIBILITY ANALYSIS OF ORGANIC VEGETABLE FARMING AT CV. RAHAYU IN VILLAGE OF SIDERA SUB-DISTRICT OF SIGI BIROMARU REGENCY OF SIGI

2018 ◽  
Vol 4 (1) ◽  
pp. 8
Author(s):  
Ferdison S. Mantende ◽  
Marhawati Mapatoba ◽  
Abdul Muis
Keyword(s):  
Net Present Value ◽  
Payback Period ◽  
Cost Ratio ◽  
Total Production ◽  
Net Benefit ◽  
Benefit Cost Ratio ◽  
Pests And Diseases ◽  
Financial Feasibility ◽  
Vegetable Farming ◽  
Benefit Cost

This research aimed to analyze the financial feasibility of organic vegetable farming at CV. Rahayu. This research conducted in Sidera, Subdistrict of Sigi Biromaru, Regency of Sigi on December 2016 to January 2017. The respondents were purposively determined. Data was analyzed using financial worthiness analysis employing with 4 indicators: Net present value (NPV), net benefit cost ratio (Net B/C), internal rate of return (IRR), and Payback Period (PP). The results of this research indicated that the NPV during the period 2014 to 2018 was IDR 543.674.792; the net B/Cwas 1,65, the IRR was 35,09 %, and the PP was 2 years and 3 months. The results of the calculationusing sensitivity analysis in the organic vegetable farming company at CV. Rahayu by assuming the organic vegetables attacked by the pests and diseases were a decreased 33 percent from total production with the acquisition of NPV decreased to IDR 8.587.415, Net B/C decreased to 1.01, IRR decreased to 12.42 percent, Payback period became 3.6 years. In the other hand, NPV decreased to IDR 7,276,181, Net B/C decreased to 1.01, IRR decreased to 12.36 percent, payback period became 3.6 years if the assume was an increased production cost until 74 percent. These values financially show the farming at CV. Rahayu is well worth to effort. These results indicate that financially, CV. Rahayu is very feasible to operate.

scholarly journals Financial Feasibility Study of Arabica Coffee: A Case Study in Poetete Village, Ermera District, Timor Leste

2017 ◽  
Vol 33 (2) ◽  
pp. 137
Author(s):  
Mateus Maia de Jesus ◽  
Lya Aklimawat ◽  
Budi Setiawan ◽  
Djoko Koestiono
Keyword(s):  
Feasibility Study ◽  
Net Present Value ◽  
Discount Factor ◽  
Cost Ratio ◽  
Net Benefit ◽  
Arabica Coffee ◽  
Financial Feasibility ◽  
Timor Leste ◽  
Coffee Farming ◽  
Spearman Test

Coffee is not only the main export product in Timor Leste, but also a source of income for farmer household. The importance of coffee for Timor Leste community should be developed through market oriented farm management on coffee farming. The aim of this research was to analyze financial feasibility of Arabica coffee farming at farmer level; analyze sensitivity of coffee farming toward change in coffee productivity and price; and analyze correlation between productivity with socio-economic characteristics of farmers. This research was carried out at Poetete Village, Ermera Sub-district, Ermera District, Timor Leste. Primary and secondary data were collected in this research. Respondents were selected by stratified random sampling method. Financial feasibility study on coffee farming were analyzed by using Net Present Value (NPV), Internal Rate of Return (IRR) dan Net Benefit Cost Ratio (NBCR). Rank Spearman test was used to analyze the correlation between productivity with variable of production factors and socioeconomic characteristics of farmers. The results showed that Arabica coffee farming was financially feasible to be develop with NPV of USD 205,291,130; IRR of 17.449%; and Net B/C ratio of 2.911 at discount factor 10%. Arabica coffee farming at Poetete Village was classified less responsive toward productivity increasing at 10% and price decreasing at 10% with NPV of USD 37,367,151; IRR of 25.95%; and Net B/ C ratio of 3.862 at discount factor 1%. The correlation between productivity with land ownership (0.965), experience of farmers (0.613), age of farmers (0.663), farmers education level (0.748) and household size (0.791) were categorized as strong to very strong.

scholarly journals ANALISIS KELAYAKAN FINANSIAL USAHA TANAMAN HIAS DI KOTA SAMARINDA (Analysis of Financial Feasibility of Ornamental Plants Business in Samarinda City)

2019 ◽  
Vol 2 (1) ◽  
pp. 25
Author(s):  
ERICK ABDUL MUTAKABBIR ◽  
NELLA NAOMI DUAKAJU
Keyword(s):  
Sampling Method ◽  
Net Present Value ◽  
Operating Cost ◽  
Ornamental Plants ◽  
Cost Ratio ◽  
Net Benefit ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Investment Cost ◽  
Benefit Cost

Ornamental plants are commonly planted by people as decoration. This study aimed to determine income and financial feasibility of ornamental plants business in Samarinda City. This study was done in three months since November 2017 until Januari 2018 in Samarinda City. The sampling method used purposive sampling method with the number of samples as many as 29 respondents.  The data were collected through interviews with respondents. The assesment of business feasibility  was done by using some investment criterias such as Net Present Value (NPV), Internal Rate of Return (IRR), dan Net Benefit Cost Ratio (Net B/C Ratio). The results of this study showed that ornamental plants business in Samarinda City owns the average of investment cost of IDR90,982,931.00 year-1, the average of operating cost of IDR37,307,586.00 year-1, the average of revenue of IDR118,506,206.00 year-1, and the average of income of IDR81,198,620.00 year-1. The assesment results of investment in ornamental plants business in Samarinda City are NPV of IDR75,074,609.00 at discount rate of factor of 12%, IRR of 65%, while Net B/C Ratio of 1,82. This is showed that ornamental plants business in Samarinda City is financially feasible to be done.

The knowledge of Italian wines on export markets

2015 ◽  
Vol 117 (1) ◽  
pp. 117-138 ◽  
Author(s):  
Luigino Barisan ◽  
Vasco Boatto ◽  
Luca Rossetto ◽  
Luigi Salmaso
Keyword(s):  
Export Market ◽  
Sample Survey ◽  
The European Union ◽  
Export Markets ◽  
Content Type ◽  
Factors Affecting ◽  
Nonparametric Combination ◽  
Level Of Knowledge ◽  
Wine Market ◽  
Promotional Strategies

Purpose – The European Union (EU) has strongly rearranged the management of EU wine policy by introducing actions for promoting wine in third countries. The purpose of this paper is to evaluate factors affecting the knowledge of Italian wines in foreign consumers, i.e., to what extend wine promotion actions can improve the consumer’s awareness or the reputation of Italian wines. As a consequence, these activities may increase the wine consumption as well as wine exports in emerging markets. Design/methodology/approach – Data have been collected through survey questionnaires where information about wine tasting, sensory satisfaction and preferences about Italian wines have been collected. The sample survey collects preferences of wine market operators in both EU and third countries. The survey, carried out from 2009 to 2011, includes 3,579 interviews classified according to four promotion actions: press conference, wine tasting, tasting course, knowledge of Italian wines. Data have been analyzed through a nonparametric combination (NPC) of dependent permutation tests to evaluate differences between and within country groups and to assess the consumer perception about Italian wines through the Keller’s model. Findings – So far, Italian wine promotion activities, supported by EU wine policy, are fragmented among in many small and sometimes low effective actions. Research results may be helpful in designing more effective promotional strategies on third countries. In particular, promotional activities which should be focussed on consumer’s appreciation of Italian wines as a brand instead of promoting specific wines or wineries. Research limitations/implications – The NPC method is a nonparametric tool which does not measure the structure of consumer’s preferences, i.e, it does give any measure of relationships among consumer’s utility and factors affecting it as it happens when a modeling approach is applied. Practical implications – Targeted promotion and information actions strongly focussed internal and external wine attributes can increase the level of knowledge in foreign consumers. It can make more efficient the marketing activity oriented to the export market. Originality/value – The NPC method offers an innovative, flexible and well-tested approach for the analysis of multivariate hypothesis when we are dealing with complex problems in wine market.

scholarly journals Financial Feasibility Analysis of Cashew Agroindustry in Kendari City, Southeast Sulawesi Province

2020 ◽  
Vol 1 (1) ◽  
pp. 79
Author(s):  
Asriani Asriani
Keyword(s):  
Net Present Value ◽  
Rate Of Return ◽  
Cost Ratio ◽  
Government Agencies ◽  
Internal Rate Of Return ◽  
Present Value ◽  
Analysis Techniques ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Benefit Cost

This study aims to analyze the financial feasibility of cashew agro-industry in Kendari City, Southeast Sulawesi Province. To select key informants carried out deliberately (purposive), namely the criteria of people or other parties who know about the cashew industry, experienced, know in detail about this business, and know the surrounding conditions. The informants chosen in this study are the owners of the cashew industry and related government agencies. Data analysis techniques used are (1) Benefit-Cost Ratio (BCR) analysis; (2) Net Present Value (NPV) analysis; and (3) Internal Rate of Return (IRR) analysis. The results obtained by the BCR value of 1.315, the NPV value obtained by 373.253.360, and the IRR value of 30%. Based on the value of the three criteria used, it shows that cashew agroindustry in Kendari City is financially feasible to be developed

scholarly journals Evaluating the feasibility of oil palm agroforestry in Harapan Rainforest, Jambi, Indonesia

2021 ◽  
pp. 458-477
Author(s):  
Tabah Arif Rahmani ◽  
Dodik Ridho Nurrochmat ◽  
Yulius Hero ◽  
Mi Sun Park ◽  
Rizaldi Boer ◽  
...  
Keyword(s):  
Land Cover ◽  
Oil Palm ◽  
Net Present Value ◽  
Ecological Impacts ◽  
Bird Diversity ◽  
Cost Ratio ◽  
Experimental Plot ◽  
Forest Zone ◽  
Benefit Cost Ratio ◽  
Financial Feasibility

About 2.5 million hectares of a total of 15 million hectares of oil palm plantation in Indonesia are planted in, or conflict with, the forest zone. Oil palm plantations face a conflict between socio-economic and ecological issues. This study was conducted in the Harapan Rainforest, Jambi to evaluate the potential of oil palm-based agroforestry to reconcile economic and ecological interests, by considering socio-economic and financial feasibility as well as biodiversity and land cover. The financial feasibility of oil palm agroforestry is compared to oil palm monoculture, employing a discounted cash flow approach using three indicators: net present value (NPV), benefit-cost ratio (BCR), and internal rate of return (IRR). Two ecological indicators—biodiversity and land cover—are evaluated in an experimental plot of oil palm agroforestry in Jambi. This study indicates that the NPV, BCR, and IRR of oil palm monoculture are IDR 62,644,836 (US$ 4,476.84), 1.39, and 20.77%, respectively, while the oil palm agroforestry planted in the experimental plot potentially generates much better values of financial indicators with NPV, BCR, and IRR being IDR 209,221,212 (US$ 14,951.76), 1.79, and 24.42%, respectively.  Besides evaluating financial feasibility, we also found that the reviewed current studies indicate that the oil palm agroforestry provides positive ecological impacts, such as increased forest land cover, invertebrate fauna, and bird diversity.

scholarly journals Analisis Kelayakan Ekonomi Dan Finansial Usaha Batik Papua Studi Kasus Pada Perusahaan Batik Port Numbay Papua

2016 ◽  
Vol 7 (1) ◽  
Author(s):  
Indo Yama Nasarudin
Keyword(s):  
Net Present Value ◽  
Payback Period ◽  
Cost Ratio ◽  
Internal Rate Of Return ◽  
Present Value ◽  
Environment Analysis ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Benefit Cost ◽  
Financial Measurement

This research analyze the economic and financial feasibility of Papua’s Batik Port Numbay. The economic performance for business was good at marketing aspect and good enough for management and human resource, production, and environment analysis aspect. While finance aspect assessment indicates that Benefit Cost Ratio (BCR) is 1,30, Value of Payback Period is 2,16 years which is below time specified 10 years. The Net Present Value is Rp 1.146.518.993, profitability index is 4,54, Internal Rate of Return (IRR) is 52,42%. Based on the overall financial measurement, it shows that the business is viable to be continued.

scholarly journals Kelayakan Finansial Fasilitas Parkir Pasar Aceh Berdasarkan Qanun Kota Banda Aceh

2018 ◽  
Vol 4 (1) ◽  
Author(s):  
Rahmat Djamaluddin ◽  
Edi Mawardi
Keyword(s):  
Discount Rate ◽  
Net Present Value ◽  
Payback Period ◽  
Cost Ratio ◽  
Present Value ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Benefit Cost ◽  
Parking Facilities ◽  
Banda Aceh

Off Street Parking building  in Pasar Aceh Baru is one of the parking facilities available in the area. Withthe increase of visitors to Pasar Aceh Baru, the need for parking space is also increasing. In this case the authors want to analyze the feasibility in terms of finance based on parking rates using Qanun Banda Aceh City No. 4 year 2012. The objective of the study is to calculate the number of parking vehicles, vehicles accumulation and to see the financial feasibility level of the parking facilities based on Laws Banda Aceh city regulated by Qanun No. 4 year 2012, so the results obtained when the parking facility has a period of turnover point of payback (Payback Period). This study uses 3 methods, namely NPV, BCR and IRR and discount rate of 10%, 12%, 15% and 18%. From the data processing using 3 methods, resulted in Net Present Value (NPV) largest value is Rp. -3,853,539,000, - at 10% discount rate while the Benefit Cost Ratio (BCR) is 0,809 at discount rate 10% and IRR value equal to -1,149%. This proves that with parking rates using Qanun Banda Aceh City No. 4 year 2012 the parking facilities are not feasible to be built financially. Keywords: Financial Feasibility, Parking Rates, NPV, BCR, and IRR

scholarly journals FINANCIAL FEASIBILITY CORN SUGAR AS BIOINDUSTRY IN BENGKAYANG

2017 ◽  
Vol 4 (1) ◽  
pp. 1-15
Author(s):  
Rudy Setyo Utomo ◽  
Tri Wahyudi
Keyword(s):  
Net Present Value ◽  
Raw Materials ◽  
Feasibility Analysis ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Sensitivity Level ◽  
Sugar Mills ◽  
Break Even Point ◽  
Benefit Cost

Difficulty of corn farmers for increase their income can be reached by establishing raw materials into finishing product, namely corn sugar. The aim of this study is to find the financial feasibility of processing seed corn into sugar. To determine the feasibility of corn sugar mills conducted a financial feasibility analysis. Financial feasibility analysis results indicate that corn sugar production in Bengkayang feasible on condition Cost of Goods Sold amounted Rp. 84,500.00/Kg. The value of Break Even Point (BEP) 69,387 units, the value of Payback Period (PBP) 2.41, Net Present Value (NPV) Rp.54,592,680,102.46 ,, value Internal Rate of Return (IRR) 25.10%, and the value of Benefit / Cost Ratio (B / C ratio) of 1.35. Investment in corn sugar business still said to be worth doing despite the sensitivity level price down 3% to the sensitivity level of selling prices down 3% and raw materials rose by 4%.

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