scholarly journals Economic analysis of sustainable management of candeia

CERNE ◽  
2010 ◽  
Vol 16 (3) ◽  
pp. 335-345 ◽  
Author(s):  
Antonio Donizette de Oliveira ◽  
Ivonise Silva Andrade Ribeiro ◽  
José Roberto Soares Scolforo ◽  
José Márcio de Mello ◽  
José Luiz Pereira de Rezende
Keyword(s):  
Forest Management ◽  
Economic Analysis ◽  
Sustainable Management ◽  
Net Present Value ◽  
Oil Production ◽  
Planning Horizon ◽  
Economic Feasibility ◽  
Present Value ◽  
Production Methods ◽  
The Interest Rate

Candeia wood (Eremanthus erythropappus) is widely used for production of essential oil and its active ingredient, alpha-bisabolol, is consumed by both the cosmetics and pharmaceutical industry. This study aimed to determine the productivity and operating costs associated with exploration, transportation and commercialization of candeia timber obtained from sustainable management systems and used for oil production; to determine the gross income or revenue obtained from the sale of candeia timber; to analyze the economic feasibility of sustainable management of candeia. For the economic analysis, Net Present Value, Net Present Value over an infinite planning horizon, and Average Cost of Production methods were used. Results indicated that the most significant costs associated with candeia forest management involve transportation and exploration. Together they account for 64% of the total management cost. Candeia forest management for oil production is economically feasible, even in situations where the interest rate is high or timber price drops to levels well below currently effective prices. As far as candeia forest management is concerned, shorter harvest cycles allow higher profitability. However, even in situations where the harvest cycle is relatively long (30 years), the activity is still economically feasible.

scholarly journals VIABILIDADE ECONÔMICA DA PRODUÇÃO DE CARVÃO VEGETAL EM DOIS SISTEMAS PRODUTIVOS

FLORESTA ◽  
2014 ◽  
Vol 44 (1) ◽  
pp. 143 ◽  
Author(s):  
Aylson Costa Oliveira ◽  
Thiago Taglialegna Salles ◽  
Bárbara Luísa Corradi Pereira ◽  
Angélica De Cássia Oliveira Carneiro ◽  
Camila Soares Braga ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Net Present Value ◽  
Production Systems ◽  
Planning Horizon ◽  
Economic Viability ◽  
Present Value ◽  
Charcoal Production ◽  
Average Annual Production ◽  
The Cost ◽  
Benefit Cost

O objetivo deste trabalho foi analisar a viabilidade econômica da produção de carvão vegetal em dois sistemas produtivos: oito fornos de superfície acoplados a uma fornalha para queima de gases e dez fornos do tipo “rabo-quente” sem sistema de queima de gases. Para análise econômica, definiu-se uma produção anual média igual a 1.571 metros cúbicos de carvão (mdc) e horizonte de planejamento de 12 anos, sendo propostos 2 cenários. No primeiro cenário, após a colheita da madeira, realiza-se o plantio de uma nova floresta, permanecendo o custo da madeira constante em todo o planejamento; no segundo cenário, após a colheita, considerou-se a condução da brotação, reduzindo os custos na 2ª rotação e consequentemente os custos da madeira. A análise econômica foi realizada através da determinação dos seguintes indicadores: Valor Presente Líquido (VPL), Valor Anual Equivalente (VAE), Razão Benefício/Custo (B/C) e Lucratividade. Os indicadores calculados demonstraram a viabilidade dos dois sistemas produtivos avaliados em ambos os cenários propostos, porém o sistema fornos-fornalha apresentou melhores valores para os indicadores. Conclui-se que a produção de carvão vegetal nos sistemas avaliados foram viáveis economicamente, com o sistema fornos-fornalha gerando maior lucro ao produtor de carvão.Palavras-chave: Fornos de alvenaria; análise determinística; valor presente líquido. Abstract Economic viability of charcoal production in two production systems. The objective of this study was to analyze the economic viability of charcoal production in two conversion technologies: eight surface kilns coupled to a furnace for burning gases (kilns-furnace system) and ten "rabo-quente" or traditional charcoal kilns without burning gases system. An average annual production of 1571 cubic meters of charcoal (mdc) was used to perform the economic analysis. A planning horizon of 12 years and two scenarios were proposed. In the first scenario, after harvesting the wood, the planting of a new forest was performed, and the cost of wood remained constant throughout the planning horizon. In the second scenario, after the harvest, the conduction of shooting was considered, which reduced costs in the second rotation and consequently the cost of wood. The economic analysis was performed by determining the following indicators: Net Present Value (NPV), Equivalent Annual Value (EAV) and Benefit - Cost Reason (B/C). Calculated indicators demonstrated the viability of producing charcoal in the two production systems in both scenarios proposed, but kilns-furnace system presented better values. As conclusion, production of charcoal in the evaluated systems were economically viable. Kilns-furnace system was able to generate more profit to charcoal producer.Keywords: Kilns; deterministic analysis; net present value.

scholarly journals Technical-economic analysis of different lighting systems for broiler poultry

2016 ◽  
Vol 36 (2) ◽  
pp. 242-252 ◽  
Author(s):  
Priscilla A. P. Ribeiro ◽  
Tadayuki Yanagi Junior ◽  
Joaquim P. da Silva ◽  
Sílvia de N. M Yanagi ◽  
Renato S. Campos
Keyword(s):  
Economic Analysis ◽  
Power Consumption ◽  
Net Present Value ◽  
Economic Feasibility ◽  
Financial Mathematics ◽  
Present Value ◽  
Artificial Lighting ◽  
Fluorescent Lamps ◽  
Lighting Systems ◽  
Incandescent Lamps

ABSTRACT Broiler poultry is highly dependent on artificial lightening. Power consumption costs of artificial lighting systems is the second largest expense related to broiler industry, second only to feed expenses. Therefore, the current study focused to analyze technical and economic feasibility of replacing incandescent lamps already used in aviaries with other lamp types. Costs related to power consumption, implementation and maintenance of the lighting systems were evaluated with the aid of financial mathematics using net present value, return over investment and payback. Systems composed of six lamp types were analyzed in two different configurations to meet the minimum illuminance of 5 and 20 lux and for use in conventional sheds and dark house. The lamps tested were incandescent (LI) of 100 W, compact fluorescent (CFL) of 34 W, mixed (ML) 160 W sodium vapor (SVL) of 70 W, tubular fluorescent T8 (TFL T8) of 40 W and tubular fluorescent T5 (TFL T5) of 28 W. For the systems tested, it was found that the tubular fluorescent lamps T8 and T5 showed the best results of technical and economic feasibility.

scholarly journals Economic feasibility for selecting wastewater treatment systems

2018 ◽  
Vol 78 (12) ◽  
pp. 2518-2531 ◽  
Author(s):  
Andreia Santos Goffi ◽  
Flavio Trojan ◽  
José Donizetti de Lima ◽  
Mauro Lizot ◽  
Shirley Suellen Thesari
Keyword(s):  
Wastewater Treatment ◽  
Economic Analysis ◽  
Net Present Value ◽  
Economic Cost ◽  
Economic Feasibility ◽  
Present Value ◽  
Ideal System ◽  
Electre Tri ◽  
Complex Decision ◽  
The Ideal

Abstract The ideal configuration of wastewater treatment system (WTS) for attending cities specificities has become a complex decision, due to the fact that there are several available technologies, and a diversity of characteristics presented in the scenario of each city. Considering the importance of economic analysis, especially in developing countries, this work aims to demonstrate the economic feasibility considering cost-related indicators for the ideal WTS selection for specific features in these cities. Based on a literature review, 37 main WTS and two economic cost-related indicators (Net Present Value and Annualized Net Present Value) were considered. First of all, using a multi-criteria analysis these WTS were grouped in classes using the ELECTRE TRI method, based on criteria related to efficiency, and the weights were defined by appointments from research specialists in the literature appointments. The economic analysis was performed using the Monte Carlo Simulation (MCS) method, which has been applied specifically to each WTS class, thus generating a framework of economic viability for this context. The WTS with low and high costs were appointed, considering the development level in each applied scenario. This work contributes to expanding the WTS study horizons to select an ideal system, considering the economic aspect.

Undersaturated Hydrocarbon Reservoir Waterflooding: A simulation Approach to Performance Assessment

2021 ◽  
Author(s):  
Adekunle Tirimisiyu Adeniyi ◽  
Miracle Imwonsa Osatemple ◽  
Abdulwahab Giwa
Keyword(s):  
Oil Recovery ◽  
Net Present Value ◽  
Oil Production ◽  
Base Case ◽  
Present Value ◽  
Sweep Efficiency ◽  
Recovery Method ◽  
Solution Approach ◽  
Hydrocarbon Reservoir

Abstract There are a good numbers of brown hydrocarbon reservoirs, with a substantial amount of bypassed oil. These reservoirs are said to be brown, because a huge chunk of its recoverable oil have been produced. Since a significant number of prominent oil fields are matured and the number of new discoveries is declining, it is imperative to assess performances of waterflooding in such reservoirs; taking an undersaturated reservoir as a case study. It should be recalled that Waterflooding is widely accepted and used as a means of secondary oil recovery method, sometimes after depletion of primary energy sources. The effects of permeability distribution on flood performances is of concerns in this study. The presence of high permeability streaks could lead to an early water breakthrough at the producers, thus reducing the sweep efficiency in the field. A solution approach adopted in this study was reserve water injection. A reverse approach because, a producing well is converted to water injector while water injector well is converted to oil producing well. This optimization method was applied to a waterflood process carried out on a reservoir field developed by a two - spot recovery design in the Niger Delta area of Nigeria that is being used as a case study. Simulation runs were carried out with a commercial reservoir oil simulator. The result showed an increase in oil production with a significant reduction in water-cut. The Net Present Value, NPV, of the project was re-evaluated with present oil production. The results of the waterflood optimization revealed that an increase in the net present value of up to 20% and an increase in cumulative production of up to 27% from the base case was achieved. The cost of produced water treatment for re-injection and rated higher water pump had little impact on the overall project economy. Therefore, it can conclude that changes in well status in wells status in an heterogenous hydrocarbon reservoir will increase oil production.

scholarly journals Studi Kelayakan Ekonomis Rencana Pembangunan Pelabuhan Sungai Liong Desa Berancah Kabupaten Bengkalis

2019 ◽  
Vol 3 (2) ◽  
pp. 146
Author(s):  
Nur Rahmani ◽  
Akmal Lazuardy
Keyword(s):  
Net Present Value ◽  
Payback Period ◽  
Economic Feasibility ◽  
Rate Of Return ◽  
Cost Ratio ◽  
Internal Rate Of Return ◽  
Benefit Analysis ◽  
Present Value ◽  
The Government ◽  
The Cost

The fish shelter port (TPI) is a need that needs to be prepared by local village officials and the government for every coastal village in Bengkalis Regency. This research was conducted in the Berancah village of Bantan District. The analysis in this study describes the economic feasibility mathematically for the construction of a fish storage port (TPI) by calculating the cost ratio (B / C ratio) benefit analysis, payback period (PP), net present value (NPV), and internal rate of return ( IRR). The results obtained from the NPV value (3,661,267,645), BCR value (0.943), IRR value of 10.01%, and PP are in the period of 30 years. Taken as a whole by standardizing the calculations, it can be concluded that the planned construction of a fish shelter in Berancah village is considered not economically feasible, but economic analysis is not merely a benchmark for feasibility, reviewed for the future many benefits will be received by the community around the location of the development plan so that it can improve the welfare of the community in Berancah village.

scholarly journals Sustainability and feasibility assessments of nanobubble aeration technology in economic-socio environment of Penaeus vannamei shrimp farming

2021 ◽  
Vol 33 ◽  
pp. 05005
Author(s):  
Lily Susanti ◽  
Suyud Warno Utomo ◽  
Noverita Dian Takarina
Keyword(s):  
Net Present Value ◽  
Ammonia Nitrogen ◽  
Payback Period ◽  
Economic Feasibility ◽  
Shrimp Farming ◽  
Penaeus Vannamei ◽  
Present Value ◽  
Community Members ◽  
The Social ◽  
Total Ammonia

Penaeus vannamei shrimp farming in Indonesia is faced with several challenges in the environmental, economic, and social aspects. Therefore, this study aims to assess the benefits of novel nanobubble aeration systems for the ecosystem, businesses, and communities. This is an experimental study conducted by comparing P. vannamei post larva 10 reared at a density of 2000 inds./L in a pond treated with nanobubble and without treatments (control). Furthermore, the Net Present Value (NPV) and payback period were calculated to assess the economic feasibility of nanobubble, while community interviews were used for the social sectors. Based on the results, environmental wastes of shrimp farming in form of total ammonia nitrogen (TAN) were reduced by 9% from 2.58 mg/l (95%CI: 0,91, 4,25) in control compared to 2.35 mg/l (95%CI: 0,86, 3,84) in treatment. Furthermore, the revenues from post larva sales for five years and nanobubble investment costs showed that the estimated NPV was IDR 64,824,374 with a payback period of 1.7 years. The interviews on traditional shrimp farming showed that 61.1% to 72.2% of community members agreed on the use of nanobubble aeration to support livelihoods. Therefore, the use of nanobubbles is feasible to support sustainable P. vannamei farming.

scholarly journals Profit-Maximizing Dairy Sire Selection Package

1988 ◽  
Vol 20 (1) ◽  
pp. 141-144 ◽  
Author(s):  
Robert W. Blake ◽  
C. Richard Shumway ◽  
Michael A. Tomaszewski ◽  
Greg P. Rickard ◽  
John M. LaBore
Keyword(s):  
Net Present Value ◽  
Planning Horizon ◽  
Economic Factors ◽  
Objective Functions ◽  
Present Value ◽  
Herd Management ◽  
C Language ◽  
Performance Factors ◽  
Microcomputer Program ◽  
Dairy Sire

AbstractThe Net Present Value Sire Summary Professional Package (NPVSS) is a microcomputer program designed for technical personnel to help dairy producers better manage investments in genetic improvement. NPVSS is written in C language, utilizes the MS-DOS operating system, and requires 256K of RAM. It is menu driven and includes parameter screens to define herd management characteristics of individual producers. Profit rankings of bulls can be generated to evaluate alternative: a) objective functions (selection policies for genetic merit in milk income and type scores), b) herd management performance factors (conception rate, calving interval, age at first calving), and c) economic factors (milk price, semen price, discount rate, planning horizon).

scholarly journals Reducing the Energy and Steam Consumption of SAGD Through Cyclic Solvent Co-Injection

Energies ◽  
2019 ◽  
Vol 12 (20) ◽  
pp. 3860 ◽  
Author(s):  
Diego Manfre Jaimes ◽  
Ian D. Gates ◽  
Matthew Clarke
Keyword(s):  
Oil Sands ◽  
Net Present Value ◽  
Oil Production ◽  
Present Value ◽  
Cumulative Energy ◽  
Oil Accumulation ◽  
Solvent Injection ◽  
Steam Assisted Gravity Drainage ◽  
Simulation Based ◽  
Number Of Cycles

The amount of oil that is contained in the Canadian oil sands represent the third largest oil accumulation in the world. Approximately half of the daily oil production from the oil sands comes from mining processes and the other half is produced mostly using steam assisted gravity drainage (SAGD). This method is effective at reducing the viscosity of the oil. However, the generation of steam requires a significant amount of energy. Thus, there is an ongoing effort to reduce the energy needed to produce oil from the oil sands. In this article the intermittent injection of a solvent, along with steam, is investigated as a means of reducing the amount of energy required to extract oil from the Canadian oil sands. A simulation-based study examined the effect of the type of solvent, the cycles’ duration, the solvent concentration and the number of cycles. The simulations covered a time span of 10 years during which several different solvents (methane, ethane, propane, butane, pentane, hexane, and CO2) were injected under varying injection schedules. The solvents that were investigated are compounds that are likely to be readily available at a heavy oil production site. The solvent injection periods ranged from six to 24 months in length. The results reveal that SAGD combined with intermittent injection of hexane resulted in the most significant improvement to the cumulative oil production and in the cumulative energy-oil ratio (cEOR). Compared to SAGD without solvent injection, the cumulative oil production was increased by 45% and the cEOR was reduced by 23%. It was also seen that the performance of the proposed process is highly dependent on the resulting physical properties of the solvent-bitumen mixture. Finally, a simplified economic analysis also identified SAGD with intermittent hexane injection as the scheme that resulted in the highest net present value. Compared to SAGD without solvent injection, the intermittent injection of hexane led to an 85% increase in the net present value.

Seed Orchard Replacement Guidelines: A Linear Programming Approach

1991 ◽  
Vol 15 (3) ◽  
pp. 117-125
Author(s):  
Jay O'Laughlin ◽  
Christopher M. Whatley ◽  
Craig R. McKinley
Keyword(s):  
Linear Programming ◽  
Net Present Value ◽  
Programming Model ◽  
Seed Orchard ◽  
Planning Horizon ◽  
Linear Programming Model ◽  
Programming Approach ◽  
Specific Production ◽  
Present Value ◽  
Linear Programming Approach

Abstract A linear programming model is used to determine when to replace a seed orchard with subsequent rotations reflecting additional genetic improvements. The objective is to maximize the net present value of the orchard while meeting specific production targets of exactly 1,000 pounds of seed per year. The solution calls for a 39 ac orchard over the 50-year planning horizon, and provides a schedule indicating both when and how much of the orchard is to be replaced. Slightly more than half (55%) of the first orchard rotation is replaced between years 13 and 21—roughly 13% in year 13, 14% in year 15, 16% in year 17, 4% in year 19, and 8% in year 21. The remaining 45% of the orchard is replaced at the maximum orchard age of 25. To meet production needs in years 25 through 34 without using additional orchard acreage, 2,550 pounds of surplus seed are produced between years 13 and 24. South. J. Appl. For. 15(3):117-125.

Cost Benefit Analysis of Industrial Noise Regulation

1995 ◽  
Vol 6 (1) ◽  
pp. 105-124 ◽  
Author(s):  
Stephen Holland ◽  
Jean Cross
Keyword(s):  
Occupational Health ◽  
Economic Analysis ◽  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Health And Safety ◽  
Cost Benefit ◽  
Occupational Health And Safety ◽  
Cost Ratio ◽  
Regulatory Change ◽  
Present Value

This paper examines the application of the techniques of economic analysis to occupational health and safety regulations using occupational noise as an example. The paper explores the extent to which economic impact studies are practically feasible and useful in relation to occupational health and safety legislation. Six studies of the same regulatory change, from four countries were analysed. The results of these studies ranged from a strongly negative to a significantly positive net present value, depending on the assumptions made. The factor which had the greatest influence on these differences was the way in which benefits are costed. It is shown that in the field of Occupational Health and Safety, economic analysis does not produce a single valid net present value or benefit to cost ratio on which a decision to legislate can sensibly be based. However the analysis can, if properly directed provide useful information on factors which will enable organisations to optimise their response to the regulation and authorities to introduce regulations in a way which does not bear with unreasonable weight on specific sectors of the community.

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