Page 231 - Proceeding The 2nd International Seminar of Science and Technology : Accelerating Sustainable Innovation Towards Society 5.0

nd
he 2 International Seminar of Science and Technology
“Accelerating Sustainable innovation towards Society 5.0”
ISST 2022 FST UT 2022
Universitas Terbuka

3.2.5 Payback Period (PP)
Based on the calculation of the Payback Period (PP) in Table. 5, Fish
Jelly Processing Unit carried out by TSM illustrates that the investment
costs used for the business can be returned within a period of 3.18
years or 3 years and 2 months. Thus, the business is declared
feasible because the period of return on investment is faster than the
period of return / payment of principal and interest on the loan (tenor)
set by the creditor (BNI) which is 4 years.

3.2.6 Break Event Point (BEP)
Based on the calculation of Break Event Point (BEP) in Table. 6, the
Fish Jelly Processing Unit carried out at TSM is 332,449, indicating
that TSM is at breakeven or not profitable and does not lose if it only
produces 332,449 units of fish jelly (332,449 packs) within a period of
10 years or an average of 33,244.9 packs per year. The BEP value
mentioned above is smaller than the total production volume
produced, which is 651,148 packs or an average of 65,114.8 packs
per year. This value is greater than the results of previous research
on the development of a milkfish jelly fish business of 9.203 packs
[20]. Thus, the undertaking was declared viable and profitable.

3.2.7 Sensitivity Analysis
Based on the calculation of sensitivity analysis in Table. 7, the Fish
Jelly Processing Unit carried out at TSM shows that with an increase
in raw material/input prices by 31%, TSM can still survive.

204 ISST 2022 – FST Universitas Terbuka, Indonesia
International Seminar of Science and Technology “Accelerating Sustainable
Towards Society 5.0