ANALISIS KELAYAKAN PENDIRIAN PABRIK MINYAK SAWIT MILIK KOPERASI PERKEBUNAN MITRA PERSADA

• Main Author: Siburian (NIM : 28198143), Renandus
• Format: Theses
• Language: Indonesia
• Subjects: Manajemen umum
• Online Access: https://digilib.itb.ac.id/gdl/view/4980
• Institution: Institut Teknologi Bandung

<b>Abstract :</b><p align="justify">The purpose of this thesis is to analyze the feasibility of CPO (crude palm oil) and kernel project building. We hope this thesis useful as recommendation to owner and management Koperasi Perkebunan Mitra Persada in making decision of project realization. This feasibility study's scope include the following aspect : marketing, technical and financial. Analyze focus is financial aspect with two major problem that is investing decision and financing decision. <br /> Based on market projection analyze it is conclude that demand CPO and PKO in the world greater than supply. With selling price product equal as competitor and posses captive market then, from marketing aspect conclusion project is feasible to be continued. <br /> <br /> From technical analyze we can conclusion as follow : <br /> ? Location of project extremely support of fabrication building <br /> cause availability of instruments are needed and created of <br /> socio relationship with local people. <br /> ? Supply of raw material as TBS with quality standard desired <br /> is feasible cause ratio of demand and supply 1 : 6. <br /> ? Process production CPO and kernel is relatively simple. With <br /> previous experience at old fabric added by employ training <br /> program, convinced that new fabric will constructed can be <br /> managed well so that produce product meet market standard. <br /> ? With collecting waste in hole will made far from people <br /> residence then, that waste will not disturb community around. Based on 4 point above, from technical aspect we can conclusion project feasible to be continued. <br /> <br /> Result of financing analyze as follow: <br /> ? All three capital scenario give IRR expectation greater then WACC (weight average cost of capital). <br /> ? NPV expectation positive to all scenario. <br /> ? Average of discounted payback period 2 years. <br /> For obviously, result of analyze can be find out in table as follow: <br /> Scenario 1 Scenario 2 Scenario 3 <br /> expectation Equity 20 % Equity 30 % Equity 50 % <br /> Debt 80 % Debt 70 % Debt 50 % <br /> WACC 18.90% 19.48% 20.43% <br /> IRR 51.75% 53.5% 57.00% <br /> NPV (000) Rp 2.190.321 Rp 2.245.347 Rp 2.358.229 <br /> DPBP(Year) 2.03 1.98 1.89 <br /> PBP(year) 1.51 1.47 1.40 <br /> <br /> Based on 3 point above , from financial aspect project is feasible. <br /> financing decision analyze concluded that scenario 1, capital structure with 20 % equity and 80 % loan is capital structure optimal cause resulting ROE maximum. <br /> <br /> In General we can conclusion project feasible to continued. <br />