Analysis of economic feasibility of assisted tractors in Banten province, Indonesia
The objectives of this study were: 1) Knowing the performance and efficiency of tractors using in Banten province, 2) Knowing the economic feasibility of tractors business, 3) Knowing the business problems of tractors. The sampling method uses purposive simple random sampling with 123 respondents. T...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2022-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2022/28/e3sconf_iconard2022_02008.pdf |
| _version_ | 1811300670932779008 |
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| author | Siagian Viktor Hidayah Ismatul Resmayeti Haloho Lermansius |
| author_facet | Siagian Viktor Hidayah Ismatul Resmayeti Haloho Lermansius |
| author_sort | Siagian Viktor |
| collection | DOAJ |
| description | The objectives of this study were: 1) Knowing the performance and efficiency of tractors using in Banten province, 2) Knowing the economic feasibility of tractors business, 3) Knowing the business problems of tractors. The sampling method uses purposive simple random sampling with 123 respondents. The method of analysis uses B/C ratio, IRR, NPV, PP, and descriptive. The results are: 1) The potential capacity of hand tractors per year is 32.6 ha while the actual capacity only 23.9 ha/year, so the efficiency is 73.3%, while the efficiency of 4-WT is 22.8%, 2) For hand tractor the value of B/C ratio based on economic price is 0.66, NPV disc factor 45% is IDR 8,953,415, and IRR is 78%, and PP is 1.73 years; for 4- WT the value of B/C ratio is 0.89, NPV disc factor is IDR. 16,693,824 and IRR is 11%, and PP is 11.7 years. 3) The problem of the tractors business, if there is an engine failure, the owner has not been able to fix it and the availability of spare parts is relatively difficult. Suggestions, the central and regional governments need to provide training to improve the 4-WT machines. |
| first_indexed | 2024-04-13T06:55:46Z |
| format | Article |
| id | doaj.art-1b4ba9ae4d9d488bb868179defe76e8b |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-04-13T06:55:46Z |
| publishDate | 2022-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-1b4ba9ae4d9d488bb868179defe76e8b2022-12-22T02:57:16ZengEDP SciencesE3S Web of Conferences2267-12422022-01-013610200810.1051/e3sconf/202236102008e3sconf_iconard2022_02008Analysis of economic feasibility of assisted tractors in Banten province, IndonesiaSiagian Viktor0Hidayah Ismatul1Resmayeti2Haloho Lermansius3Research Center for Macro Economic and Finance, Research Organization for Governance, Economy, and Community Welfare, National Research and Innovation AgencyAssessment Institute for Agricultural Technology of Banten, Indonesia Ministry of AgricultureResearch Center for Horticultural and Estate Crops, Research Organization for Agriculture and Food, National Research and Innovation AgencyResearch Center for Cooperative, Corporation, and People's Economy, Research Organization for Governance, Economy, and Community Welfare, National Research and Innovation AgencyThe objectives of this study were: 1) Knowing the performance and efficiency of tractors using in Banten province, 2) Knowing the economic feasibility of tractors business, 3) Knowing the business problems of tractors. The sampling method uses purposive simple random sampling with 123 respondents. The method of analysis uses B/C ratio, IRR, NPV, PP, and descriptive. The results are: 1) The potential capacity of hand tractors per year is 32.6 ha while the actual capacity only 23.9 ha/year, so the efficiency is 73.3%, while the efficiency of 4-WT is 22.8%, 2) For hand tractor the value of B/C ratio based on economic price is 0.66, NPV disc factor 45% is IDR 8,953,415, and IRR is 78%, and PP is 1.73 years; for 4- WT the value of B/C ratio is 0.89, NPV disc factor is IDR. 16,693,824 and IRR is 11%, and PP is 11.7 years. 3) The problem of the tractors business, if there is an engine failure, the owner has not been able to fix it and the availability of spare parts is relatively difficult. Suggestions, the central and regional governments need to provide training to improve the 4-WT machines.https://www.e3s-conferences.org/articles/e3sconf/pdf/2022/28/e3sconf_iconard2022_02008.pdf |
| spellingShingle | Siagian Viktor Hidayah Ismatul Resmayeti Haloho Lermansius Analysis of economic feasibility of assisted tractors in Banten province, Indonesia E3S Web of Conferences |
| title | Analysis of economic feasibility of assisted tractors in Banten province, Indonesia |
| title_full | Analysis of economic feasibility of assisted tractors in Banten province, Indonesia |
| title_fullStr | Analysis of economic feasibility of assisted tractors in Banten province, Indonesia |
| title_full_unstemmed | Analysis of economic feasibility of assisted tractors in Banten province, Indonesia |
| title_short | Analysis of economic feasibility of assisted tractors in Banten province, Indonesia |
| title_sort | analysis of economic feasibility of assisted tractors in banten province indonesia |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2022/28/e3sconf_iconard2022_02008.pdf |
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