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Techno-economic and Supply Chain Analysis of Nano Tea Made from Mangosteen Peel as Functional Food
Author(s) -
Yovita Isnasari,
Syukri Yusuf Nasution,
Dwi Fungky Ratnasari
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/528/1/012047
Subject(s) - internal rate of return , net present value , profitability index , raw material , business , rate of return , agricultural science , production (economics) , economics , environmental science , biology , finance , ecology , macroeconomics
This study aims is to examine the availability of raw material to produce the Mangosteen Peel Nano Tea and to validate the economic value of it on a business scale. In Indonesia, Mangosteen is mostly produced in the West Java Province. As for the process of utilizing mangosteen peel into nano tea, it requires at least seven processes in production. We used five methods to find the economic value, namely Payback Period (PP), Average Rate Return (ARR), Net Present Value (NPV), Internal Rate of Return (IRR), and Profitability Index (PI). The results of this study are PP was one year and 11 months; ARR was 137%; NPV was IDR 3,079,664,331; IRR was 38.35% which is greater than the rate of return; and PI worth 1.36. These results show that the utilisation of mangosteen peel can be a profitable business.