Simple model for determining economic feasibility of processing new oilseeds | Zendy

Mustakas G. C. | Zendy; Carlson K. D. | Zendy

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Simple model for determining economic feasibility of processing new oilseeds

Author(s) -

Mustakas G. C.,

Carlson K. D.

Publication year - 1979

Publication title -

journal of the american oil chemists' society

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.512

H-Index - 117

eISSN - 1558-9331

pISSN - 0003-021X

DOI - 10.1007/bf02671756

Subject(s) - erucic acid , rapeseed , calculator , crambe , simple (philosophy) , economic feasibility , computer science , agricultural engineering , process engineering , engineering , economics , agronomy , environmental economics , philosophy , epistemology , biology , operating system

A simple model for programming the cost feasibility of processing a new oilseed has been developed that makes use of a programmable calculator. The analysis of cost factors developed in the study provides a realistic measure of the economic feasibility of an oilseed project. By comparing break‐even cost‐to‐make of a new oil with the market price of a competitive oil, a quick indication of the probable success of the project can be estimated. The method is illustrated with a comparison of Crambe abyssinica seed oil and high erucic acid rapeseed oil.

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