The technical and financial feasibility analysis of art paper production from betel nut husk fibre and paper waste

Azimmatul Ihwah; Ika Atsari Dewi; Hendrix Yulis Setyawan; Erina Permata Puteri Yuscandra

doi:10.21776/ub.afssaae.2023.006.03.8

The technical and financial feasibility analysis of art paper production from betel nut husk fibre and paper waste

Azimmatul Ihwah^*
, Ika Atsari Dewi
, Hendrix Yulis Setyawan
, Erina Permata Puteri Yuscandra

^*Corresponding author for this work

Faculty of Agricultural Technology

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

Abstract

Art paper made of betel nut husk fibre and paper waste is one example of an innovative product. Therefore, an analysis of the technical and financial feasibility of this innovation needed to be conducted. This research aimed to determine the technical and financial feasibility of the production business of art paper from betel nut husk fibre and paper waste. The technical aspect will focus on the technology utilized, primary raw material and additional raw material, production capacity, and any workforce involved in the business. Meanwhile, the financial aspect will emphasize the calculation of the Main Production Cost (MPC), Break Even Point (BEP), Business Efficiency (R/C Ratio), Payback Period (PP), Net Present Value (NPV), and Internal Rate of Return (IRR). The calculation result of the feasibility analysis shows that Production Cost (HPP) is IDR 12,786.00, BEP_unit is 9,271 paper sheet, BEP (IDR) is IDR 148,326,906.00, R/C Ratio is 1.56, PP will be for 2.2 years, NPV is IDR 2,078,713,958.00, and IRR is 68.36%. Based on this result, this business on betel nut husk fibre and paper-based waste art paper is considered worth running.

Original language	English
Pages (from-to)	292-302
Number of pages	11
Journal	Advances in Food Science, Sustainable Agriculture, and Agroindustrial Engineering
Volume	6
Issue number	3
DOIs	https://doi.org/10.21776/ub.afssaae.2023.006.03.8
Publication status	Published - 2023

Keywords

Art paper
Betel nut
Financial feasibility
Technical feasibility

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10.21776/ub.afssaae.2023.006.03.8

Cite this

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title = "The technical and financial feasibility analysis of art paper production from betel nut husk fibre and paper waste",

abstract = "Art paper made of betel nut husk fibre and paper waste is one example of an innovative product. Therefore, an analysis of the technical and financial feasibility of this innovation needed to be conducted. This research aimed to determine the technical and financial feasibility of the production business of art paper from betel nut husk fibre and paper waste. The technical aspect will focus on the technology utilized, primary raw material and additional raw material, production capacity, and any workforce involved in the business. Meanwhile, the financial aspect will emphasize the calculation of the Main Production Cost (MPC), Break Even Point (BEP), Business Efficiency (R/C Ratio), Payback Period (PP), Net Present Value (NPV), and Internal Rate of Return (IRR). The calculation result of the feasibility analysis shows that Production Cost (HPP) is IDR 12,786.00, BEPunit is 9,271 paper sheet, BEP (IDR) is IDR 148,326,906.00, R/C Ratio is 1.56, PP will be for 2.2 years, NPV is IDR 2,078,713,958.00, and IRR is 68.36\%. Based on this result, this business on betel nut husk fibre and paper-based waste art paper is considered worth running.",

keywords = "Art paper, Betel nut, Financial feasibility, Technical feasibility",

author = "Azimmatul Ihwah and Dewi, \{Ika Atsari\} and Setyawan, \{Hendrix Yulis\} and Yuscandra, \{Erina Permata Puteri\}",

year = "2023",

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language = "English",

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publisher = "Universitas Brawijaya, Faculty of Agricultural Technology",

number = "3",

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The technical and financial feasibility analysis of art paper production from betel nut husk fibre and paper waste. / Ihwah, Azimmatul ; Dewi, Ika Atsari ; Setyawan, Hendrix Yulis et al.
In: Advances in Food Science, Sustainable Agriculture, and Agroindustrial Engineering, Vol. 6, No. 3, 2023, p. 292-302.

Research output: Contribution to journal › Article › peer-review

TY - JOUR

T1 - The technical and financial feasibility analysis of art paper production from betel nut husk fibre and paper waste

AU - Ihwah, Azimmatul

AU - Dewi, Ika Atsari

AU - Setyawan, Hendrix Yulis

AU - Yuscandra, Erina Permata Puteri

PY - 2023

Y1 - 2023

N2 - Art paper made of betel nut husk fibre and paper waste is one example of an innovative product. Therefore, an analysis of the technical and financial feasibility of this innovation needed to be conducted. This research aimed to determine the technical and financial feasibility of the production business of art paper from betel nut husk fibre and paper waste. The technical aspect will focus on the technology utilized, primary raw material and additional raw material, production capacity, and any workforce involved in the business. Meanwhile, the financial aspect will emphasize the calculation of the Main Production Cost (MPC), Break Even Point (BEP), Business Efficiency (R/C Ratio), Payback Period (PP), Net Present Value (NPV), and Internal Rate of Return (IRR). The calculation result of the feasibility analysis shows that Production Cost (HPP) is IDR 12,786.00, BEPunit is 9,271 paper sheet, BEP (IDR) is IDR 148,326,906.00, R/C Ratio is 1.56, PP will be for 2.2 years, NPV is IDR 2,078,713,958.00, and IRR is 68.36%. Based on this result, this business on betel nut husk fibre and paper-based waste art paper is considered worth running.

AB - Art paper made of betel nut husk fibre and paper waste is one example of an innovative product. Therefore, an analysis of the technical and financial feasibility of this innovation needed to be conducted. This research aimed to determine the technical and financial feasibility of the production business of art paper from betel nut husk fibre and paper waste. The technical aspect will focus on the technology utilized, primary raw material and additional raw material, production capacity, and any workforce involved in the business. Meanwhile, the financial aspect will emphasize the calculation of the Main Production Cost (MPC), Break Even Point (BEP), Business Efficiency (R/C Ratio), Payback Period (PP), Net Present Value (NPV), and Internal Rate of Return (IRR). The calculation result of the feasibility analysis shows that Production Cost (HPP) is IDR 12,786.00, BEPunit is 9,271 paper sheet, BEP (IDR) is IDR 148,326,906.00, R/C Ratio is 1.56, PP will be for 2.2 years, NPV is IDR 2,078,713,958.00, and IRR is 68.36%. Based on this result, this business on betel nut husk fibre and paper-based waste art paper is considered worth running.

KW - Art paper

KW - Betel nut

KW - Financial feasibility

KW - Technical feasibility

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JF - Advances in Food Science, Sustainable Agriculture, and Agroindustrial Engineering

IS - 3

ER -

The technical and financial feasibility analysis of art paper production from betel nut husk fibre and paper waste

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