Feasibility Analysis of Hydroponic Melon Business at PT. Agro Bergas Sejahtera, Bergas Subdistrict, Semarang Regency

Authors

  • Muhammad Ulyn Nuha Department of Agribusiness, Faculty of Animal Husbandry and Agriculture, Diponegoro University, Semarang, Indonesia
  • Agus Setiadi Department of Agribusiness, Faculty of Animal Husbandry and Agriculture, Diponegoro University, Semarang, Indonesia
  • Titik Ekowati Department of Agribusiness, Faculty of Animal Husbandry and Agriculture, Diponegoro University, Semarang, Indonesia

DOI:

https://doi.org/10.35877/454RI.qems2178

Keywords:

hydroponics, investment, financial feasibility, melon, production

Abstract

This research aims to analyze the feasibility of hydroponic melon business at PT. Agro Bergas Sejahtera. Data collection of the case study method was carried out in detail using various existing data collection procedures. Sampling was obtained from all twelve employees who recognize and have various information needed for the research to be carried out. The sampling technique employed interviews of all samples as respondents. Primary data included data obtained through direct interviews from sources in the field, such as resources, production, investment costs, and operating costs. Secondary data were data obtained indirectly from sources related to research, namely Central Bureau of Statistics (BPS) data and documents from PT. Agro Bergas Sejahtera. The data obtained was then analyzed using qualitative and quantitative analysis. Qualitative analysis is used to analyze non-financial aspects, including production aspects. Quantitative analysis was used to analyze the financial feasibility of PT. Bergas Agro Sejahtera using investment criteria, such as Payback Period, NPV, IRR, and Profitability Index. The research results indicate that hydroponic melon farming at PT. Agro Bergas Sejahtera is feasible according to the production aspect. The calculation results show that the payback period analysis is during two years four days. NPV is Rp. 637.561.973, IRR is 37%, and PI is 1,73. The financial analysis results show that all financial aspects are feasible.

References

Durroh, B., & Yusuf Dawud, M. (2022). PEST AND DISEASE CONTROL STRATEGIES IN MELON (Cucumis Melo. L) CULTIVATION ON FARMERS' INCOME. Journal of Agricultural Sociology and Agribusiness, 4 (2), 01–13. http://www.jurnal.ugp.ac.id/index.php/JuSPA/article/view/312
Fabiola, Y., Sirna, IN, & Hendrik, E. (2018). Financial Analysis of Corn Agribusiness in the Illay Agroecotechnology Zone in West Timor. IMPAS Scientific Bulletin, 20 (01), 67–74.
Hidayat, S., Satria, Y., & Laila, N. (2020). Application of the Hydroponic Model as an Effort to Save Planted Land in Babadan Village, Ngajum District, Malang Regency. Graha Devotion Journal, 2 (2), 141–148. http://journal2.um.ac.id/index.php/jgp/article/view/13346
Ipandi, I., Sa'adi, A., & Sudjarwo, S. (2019). Verification of the ELISA (Enzyme Linked Immunosorbent Assay) Method for Determining AMH (Anti-Mullerian Hormone) Levels. Surya Medika Journal, 5 (1), 201–208. https://doi.org/10.33084/jsm.v5i1.973
Kabai, Z. (2015). Integrated Accounting Economics. Http: Ekonomiakutansi. Co.Id. .
Mapu, C.F., Antara, M., & Muis, A. (2019). Analysis of Soybean Farming Income in Balingara Village, Ampana Tete District, Tojo Una-Una Regency. Journal of Agribusiness Development, 2 (1), 7–12.
Ratna, S. (2017). The Influence of Production Factors on Pepper Production Results in Era Baru Village, Tellulimpoe District, Sinjai Regency. Economix Journal , 5 (2), 203–214.
Roidah, IS (2014). Land Use Using a Hydroponic System . 1 (2), 43–50.
Saadudin, D., Rusman, Y., & Perdani, C. (2017). ANALYSIS OF COSTS, REVENUE AND R/C OF GINGER (Zingiber officinale) FARMING. Agroinfo Galuh Student Scientific Journal, 3 (2), 85. https://doi.org/10.25157/jimag.v3i2.216
Sartika, T., Iskandar, S., & Tiesnamurti, B. (2016). Indonesian Local Chicken Genetic Resources and Development Prospects. IAARD Press, 180. https://www.researchgate.net/publication/269107473_What_is_governance/link/548173090cf22525dcb61443/download%0Ahttp://www.econ.upf.edu/~reynal/Civil wars_12December2010.pdf%0Ahttps://think -asia.org/handle/11540/8282%0Ahttps://www.jstor.org/stable/41857625
Septiadi Dudi, & Nursan Muhammad. (2021). Analysis of Income and Feasibility of Corn Farming in Dompu Regency. Agroteksos , 31 (2), 93–100.
Tando, E. (2019). Review: Utilization of Greenhouse and Hydroponic Technology as a Solution to Facing Climate Change in Horticultural Plant Cultivation. Buana Science, 19 (1), 91. https://doi.org/10.33366/bs.v19i1.1530
Tri, M., Analisa, S., Dan, B., & Usaha, P. (2011). Analysis of costs and income of carrot farming in Karanganyar district . 7 (2), 119–126.
Wahyuni, W., Fatih, ML, Syahrani Hsb, RM, Sakina, S., & Suhairi, S. (2022). Business Feasibility Study Analysis in Production Aspects. VISA: Journal of Vision and Ideas , 2 (2), 126–134. https://doi.org/10.47467/visa.v2i2.960
Yuni, S., Sartika, D., & Fionasari, D. (2021). ANALYSIS OF COST BEHAVIOR OF FIXED COSTS. Research in Accounting Journal , 1 (2), 247–253.
Zakaria, H., & Marlia, AE (2019). Designing a Customer Relationship Management (CRM) Information System to Improve Web-Based Customer Loyalty and Service using the Waterfall Model. Journal of Information Systems Technology and Applications, 2 (2), 66. https://doi.org/10.32493/jtsi.v2i2.2804

Downloads

Published

2023-12-04

How to Cite

Nuha, M. U., Setiadi, A., & Ekowati, T. (2023). Feasibility Analysis of Hydroponic Melon Business at PT. Agro Bergas Sejahtera, Bergas Subdistrict, Semarang Regency. Quantitative Economics and Management Studies, 5(1), 91–99. https://doi.org/10.35877/454RI.qems2178

Issue

Section

Articles