Page 238 - 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

4 CONCLUSIONS
The results showed TSM has a feasible because it meets all aspects
of feasibility analysis, both non-financial and financial aspect. Based
on non-financial analysis, market analysis shows increasing trend on
demand especially in West Java, Jakarta, Banten, Central Java, and
Papua Province. Production aspect is controlled; business licensing
and product feasibility certification are adequate. Based on financial
analysis, the research found that TSM meets all financial feasibility
requirements standard, which consists of i) NPV > 0, ii) Gross B/C >
1, iii) Net B/C > 1, iv) IRR > Opportunity Cost of Capital (DR), v) PP is
faster than the period of return/payment of principal and interest on
the loan (tenor) set by the creditor, and vi) BEP < Total Revenue. This
conclude that fish processing business run by The Fishery Products
Processing and Marketers Group is potential and feasible.
Furthermore, sensitivity analysis shows that with an increase in raw
material prices by 31%, TSM can still survive. This rate of sensitivity
indicates that the processing business is resilient of input price
changes.

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