FEASIBILITY STUDIES ON THE TOFU INDUSTRY

Abstract

Feasibility analysis is carried out in order to ascertain whether a business activity is feasible
based on several aspects. In general, the aspects analyzed are technical feasibility, market
feasibility, management feasibility, financial feasibility, legal feasibility and social feasibility.
The financial analysis is carried out with several criteria in the form of Net Present Value
(NPV), Break Even Point (BEP) and Payback Period (PP) and risk analysis. The total value
of income earned per month is Rp. 80,228,000. The value of the investment interest rate
is 11.4%. The analysis is carried out based on the calculation of NPV, BEP and Pacback
Period so that the data knows whether this industry can be declared feasible or not. After
calculating the tofu industry, the NPV value of Rp. 217,587,161. Based on this, it can be
seen that this industry can provide a net income in 10 years of Rp. 217,587,161. Because
the NPV value is greater than zero, this industry is declared feasible to run because it is
positive. the total cost of production is Rp. 53,934,985 per month and the principal return
for the selling price is Rp. 2020 per unit. Meanwhile, from the calculation of the Payback
Period value in the tofu industry, it was obtained for 3.87 years, this value indicates that
the business can return capital before the age of the project is over and this makes this
industry also feasible to run. In risk analysis, the highest risk is on equipment and business
permits. there is not any yet. Risk parameters, the equipment used is still traditional, if you
want to improve, you can replace some equipment using a more automatic machine
because the work process is carried out without using a division of tasks and it is better to
immediately arrange for a business license.