scholarly journals Cost and profit analysis of sour cherry production for industrial purposes in Hungary

2010 ◽  
Vol 16 (1) ◽  
Author(s):  
F. Apáti ◽  
J. Nyéki ◽  
Z. Szabó ◽  
M. Soltész ◽  
V. Szabó ◽  
...  

Our main objective in this present study is to evaluate the profitability and efficiency of sour cherry production by a complex economic analysis of its technological process. We concluded that the per kilogram prime costs range between 80 to 90 HUF/kg in case of sour cherry for industrial purposes. On this basis, it is clear that the 50 to 90 HUF/kg regular selling prices of previous years do not make profitable production possible. Under the present market conditions even considering per hectare average yields of 10 to 15 tons the establishment of sour cherry orchards is not economical, the internal rate of return is below the interests of money-market and the recovery will not be happened even during the whole life-time of the orchard. In this way the domestic enterprises should not only raise the yields but realize technological changes (e.g. mechanic harvesting) in order to decrease the production costs in a significant way and to maintain a profitable sour cherry production. It is expected that the enterprise farming on great land (several ten hectares), being settled for mechanic harvesting (subordinating everything to this), reaching yields of 15 to 20 tons per hectare, producing on high technological and input levels, having specialized knowledge will stay on the sour cherry market far in the future.

2008 ◽  
Vol 14 (1-2.) ◽  
Author(s):  
F. Apáti

In this study cost-profit analysis is carried out to up-to-date Hungarian sour cherry orchards. These orchards cover only 1 to 3 thousand hectares from the sour cherry territory of 16 thousand hectares. In a many-year-average a yield of 15 tons per hectare may be reached in up-to-date sour cherry orchards cultivated under high standard conditions. Per hectare direct production costs take up of approximately 1000 thousand HUF, from which the major portion (60%) is accounted for the personal cost of harvesting. Regarding the above mentioned average yield and a selling price of 100 HUF per kilogram a revenue of 1 500 thousand HUF may be realized, which results in a per hectare contribution of 500 thousand HUF. To sum up, regarding the present extremely unfavourable selling price only reaching an average yield of 15 to 20 tons per hectare may lead to appropriate profit.


Author(s):  
Rabiatul Adawiah Gasnawati ◽  
Abdi Abdi ◽  
Awaluddin Hamzah

The purpose of this study was to determine the sensitivity of ornamental plant business in Kendari City as a case study on dahlia ornamental plant business. This research was conducted in Kendari City which was determined purposively on the dahlia ornamental plant business. The research was conducted from July to November 2019. The analysis used in this study is an analysis of efficiency and income consisting of net present value (NPV) income benefit ratio (NBCR), internal rate of return (IRR), payback period (PBP). The results of the sensitivity analysis of ornamental plant businesses with increased production costs by 5% and selling prices decreased by 5%, the value of the NPV, NBCR, IRR and payback period shows a good value so that the ornamental plant business is feasible to be cultivated because it can return all investment costs used


2017 ◽  
Vol 5 (2) ◽  
pp. 440-451
Author(s):  
Wahyu Kristian Sugandi ◽  
M. Ade Moetangad Kramadibrata ◽  
Asri Widyasanti ◽  
Andhini Rosyana Putri

The vacuum-pneumatic type of the modified shallot skin sheller (MPB TEP-0315) has to be specified its technical and economical feasibility. An explanatory descriptive analysis has been employed to observe, measure, and re-account the details. Results from performance test showed that its theoretical and actual capacities were 52.48 kg/h and 31.24 kg/h, respectively at a machine efficiency of 59.60 percent at a required power (for compressor and decompressor) of 2092.6 W and at a shelling yield of 70.20 percent. The average level of noissiness was 69.25 dBA. Whilst the average machine vibration with or without load were 0.67 mm/s and 1.67 mm/s, respectively. Based on economic analysis this shelling business would be reasonable at a net present value (NPV) of Rp 30.618.320,- at an internal rate of return (IRR) of 68.83%, where the benefit cost ratio (BCR) would be 1.20. While the pay back period (PBP) would be reached in the 2nd year of investation.   Keywords: economic analysis, shelling machine, performance test   ABSTRAK   Mesin pengupas kulit bawang Tipe Vakum-Pneumatik (MPB TEP-0315) hasil modifikasi perlu dideskripsikan spesifikasi dan kelayakan ekonominya. Metode analisis deskriptif eksplanatori digunakan untuk mengamati mengukur, dan menghitung kinerja mesin serta kinerja ekonomi. Hasil uji kinerja menunjukkan bahwa kapasitas teoritis dan aktual mesin berturut-turut adalah 14,57 g/detik, dan 8,67 g/detik dengan efisiensi mesin 59,60%, dan pada kebutuhan daya (untuk kompresor dan dekompresor) 2092,6 W rendemen pengupasan 70,20%. Tingkat kebisingan mesin rata-rata 69,25 dBA. Sementara getaran mesin rata-rata dengan dan tanpa beban beruturut-turut adalah 0,67 mm/s dan 1,67 mm/s. Berdasarkan analisis ekonomi usaha pengupasan bawang merah memenuhi syarat pada nilai bersih sekarang (net present value, NPV) Rp 30.618.320,- , laju pengembalian modal (internal rate of return, IRR)  68,83%, rasio laba-biaya (benefit cost ratio, BCR) 1,20. Sedangkan periode pengembalian modal (pay back period, PBP) investasi tercapai pada tahun ke-2.   Kata kunci: analisis ekonomi, mesin pengupas, uji kinerja


Author(s):  
Gustavo Antunes Trivelin ◽  
Cristiana Andrighetto ◽  
Gustavo Pavan Mateus ◽  
Patrícia Aparecida da Luz ◽  
Elaine Mendonça Bernardes ◽  
...  

Integrated crop-livestock-forest system appears as strategy to reduce pasture recovery costs and diversify farmer’s income with the sale of the wood of eucalyptus trees. The objective of this work was to evaluate the animal performance and economic viability of systems without shade availability (ICL: Integrated Crop-Livestock) and with two tree densities (ICLF-1L: Integrated Crop-Livestock-Forest, 196 trees ha-1; ICLF-3L: Integrated Crop-Livestock-Forest, 448 trees ha-1). Sixty castrated Nellore cattle were used to evaluate performance during rearing and finishing. For economic analysis, the cash receipts, cash outflow, cash flow, net cash flow and internal rate of return (IRR) were evaluated between December 2012 and June 2016. The performance of the animals was lower in ICLF-3L system (P<0.05) due to the higher density of trees, and consequently, greater shading of the pasture. In ICL and ICLF-1L systems, the revenue from soybean and corn fully paid for the costs of implementing the systems, and ICLF-1L still covered the cost of forest deployment. In ICLF-3L, the costs were almost completely covered. The reduction in the productive indices also reduced the revenue from the slaughter of cattle in ICLF-3L, with the highest revenue in ICL and ICLF-1L, respectively. In addition, the IRR in ICL and ICLF-1L was higher. ICLFs contribute to the amortization of the recovery costs of the pastures and the implantation of eucalyptus. The ICL and ICLF-1L is more economically viable tham ICFL-3L until the fourth year of implementation.


2019 ◽  
Vol 31 (5) ◽  
pp. 860-869 ◽  
Author(s):  
Min-Su Kang ◽  
Young-Kwon Park ◽  
Kyung-Tae Kim

In this study, the optimal capacity of a battery and power conditioning system (PCS) of energy storage system were calculated. In addition, economic analysis was conducted to determine the optimal equipment standard, taking the government support plan into account. In addition, the changes in the power generation pattern were examined when the energy storage system and photovoltaic (PV) were connected to verify the power peak management efficiency of the energy storage system. Moreover, the effect of the energy storage system support policy was assessed by comparing the economic efficiency of single-PV equipment and energy storage system-connected equipment by the internal rate of return. Internal rate of return was analyzed by the change in cost of energy storage system equipment and the price of system marginal price/renewable energy certificate, which was a sales factor, and used for economic forecasting of the energy storage system. To accomplish this, the 2015 power generation output data (daily average 3.69 h power generation) of LG Hausys Ulsan station were converted to small-scale (3 MW) and large-scale (10 MW) solar power and a model that calculated the factor capacity of battery and the PCS capacity of the energy storage system was then constructed. Furthermore, the selected battery capacity and PCS capacity were analyzed separately by economic analysis to propose an energy storage system equipment standard, which could guarantee the optimal economic efficiency. Finally, based on the “Guideline for Management and Operation of Mandatory Supply for New and Renewable Energy” established by the Ministry of Commerce Industry and Energy, the profit model applied to the economic analysis was limited to an energy storage system charged from 10:00 to 16:00.


Author(s):  
Aista Pudji Witari ◽  
Gistanya Lindar Anggraini ◽  
Erlinda Ningsih

<table class="NormalTable"><tbody><tr><td width="200"><span class="fontstyle0">Refined sugar is sugar that is produced from raw sugar through a refined process<br />to remove impurities and molasses attached to Raw sugar. The process that will be<br />used in the manufacture of refined sugar from raw sugar with carbonation<br />purification is divided into seven stages, namely: affination process, clarification<br />process, filtration process, decolorization process, evaporation process,<br />crystallization process, drying process. The plant is planned to operate 300 days<br />per year with a capacity of 100,000 tons per year. The factory is planned to be<br />established in Sambas Regency, West Kalimantan. From the results of the<br />economic analysis obtained: Internal Rate Of Return (IRR) of 66%, Pay Out Time<br />(POT) of 3.3 years, Break Even Point (BEP) of 36%. Based on the technical and<br />economic analysis that has been carried out, it is feasible to establish a refined<br />sugar factory from raw sugar</span></td></tr></tbody></table>


2019 ◽  
Vol 2 (3) ◽  
pp. 111-121
Author(s):  
Wisnu Haryadi ◽  
Yulita Fairina Susanti

The purpose of this is toevaluates a new product called GasCool that will be implemented by the company before this product launch to the costumer. This new product is a solution for the PT Perusahaan Gas Negara, Tbk (“PGN”) to manage their declining revenue in commercial customer segment in the last 4 years. This study used an economic analysis to evaluates GasCool using three parameters. The parameters consist of Net Present Value, Internal Rate of Return and Payback Period.The result indicates that GasCool is feasible to be implemented and sell to the commercial segment customer. The economic analysis has shown that selling GasColl will generate17.6% Internal Rate of Return and 5.5 years Payback Period. Furthermore, the Net Present Value from selling GasCool is Rp10,4 billion in 10 years of implementation and the discount rate for economic analysis is 8.2%.


1990 ◽  
Vol 70 (3) ◽  
pp. 879-886 ◽  
Author(s):  
C. R. BLATT ◽  
R. J. O’REGAN

An economic analysis was carried out using costs and returns for the establishment of a 3-ha planting of a mixture of cultivated lowbush blueberry clones and seedlings and the establishment of a similar sized native stand of wild blueberries. Two management programs were applied to two 3-ha cultivated stands and these were compared with the traditional crop-burn-crop program used in the native stand. Capital and startup costs were higher for the cultivated blueberry stand, but crop productivity and returns were also higher. Over a 20-yr lifetime, internal rates of return (IRR) averaged 10% higher for cultivated stands. A 20% market price drop would result in a 6–7% IRR decrease for the cultivated stand; however, the resultant 15% IRR is still an acceptable return. In contrast, a similar price drop for the native stand product caused the IRR to drop from 11% to zero. However, should market price be equivalent for native and cultivated stands, the IRR for the native stand is higher at all prices. With the native stand IRR at 11%, there has to be a 40–45c kg−1 price differential against the cultivated stand in order for all IRR values to be similar.Key words: Economics, internal rate of return (IRR), sensitivity analysis, Vaccinium angustifolium Ait.


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