Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis Method

The purpose of this paper is to carry out an economic and industrial evaluation on an industrial scale of NiFe2O4 production using sonochemical synthesis methods. The method used is to calculate gross profit margin (GPM), payback period (PBP), cumulative net present value (CNPV), total investment co...

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Main Authors: Rachel Gabriella, Muhammad Aldin Nur Zen, Fatih Izzul Haq, Silmi Ridwan Putri, Asep Bayu Dani Nandiyanto
Format: Article
Language:English
Published: Universitas Komputer Indonesia 2021-12-01
Series:International Journal of Research and Applied Technology
Subjects:
Online Access:https://ojs.unikom.ac.id/index.php/injuratech/article/view/6364
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author Rachel Gabriella
Muhammad Aldin Nur Zen
Fatih Izzul Haq
Silmi Ridwan Putri
Asep Bayu Dani Nandiyanto
author_facet Rachel Gabriella
Muhammad Aldin Nur Zen
Fatih Izzul Haq
Silmi Ridwan Putri
Asep Bayu Dani Nandiyanto
author_sort Rachel Gabriella
collection DOAJ
description The purpose of this paper is to carry out an economic and industrial evaluation on an industrial scale of NiFe2O4 production using sonochemical synthesis methods. The method used is to calculate gross profit margin (GPM), payback period (PBP), cumulative net present value (CNPV), total investment cost (TIC) and profitability index (PI). NiFe2O4 nanoparticles were synthesized with the main raw materials being Fe(NO3)3.9H2O, Ni(NO3)2.6H2O, and NaOH (1:2:8). The calculation results of GPM and CNPV/TIC from the NiFe2O4 industry using the sonochemical synthesis method show the payback period (PBP) in the third year. So that in the third year onwards it can be predicted that the industry will experience profits. This research is expected to be a reference for technical and economic analysis to produce NiFe2O4 in humidity sensor applications on an industrial scale.
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spelling doaj.art-c7aede19dac8491bb070fba663ebc6282022-12-22T04:24:06ZengUniversitas Komputer IndonesiaInternational Journal of Research and Applied Technology2810-06622807-72292021-12-011228929910.34010/injuratech.v1i2.6364Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis MethodRachel Gabriella0Muhammad Aldin Nur Zen1Fatih Izzul Haq2Silmi Ridwan Putri3Asep Bayu Dani Nandiyanto4Departemen Pendidikan Kimia, Universitas Pendidikan Indonesia, IndonesiaDepartemen Pendidikan Kimia, Universitas Pendidikan Indonesia, IndonesiaDepartemen Pendidikan Kimia, Universitas Pendidikan Indonesia, IndonesiaDepartemen Pendidikan Kimia, Universitas Pendidikan Indonesia, IndonesiaDepartemen Pendidikan Kimia, Universitas Pendidikan Indonesia, IndonesiaThe purpose of this paper is to carry out an economic and industrial evaluation on an industrial scale of NiFe2O4 production using sonochemical synthesis methods. The method used is to calculate gross profit margin (GPM), payback period (PBP), cumulative net present value (CNPV), total investment cost (TIC) and profitability index (PI). NiFe2O4 nanoparticles were synthesized with the main raw materials being Fe(NO3)3.9H2O, Ni(NO3)2.6H2O, and NaOH (1:2:8). The calculation results of GPM and CNPV/TIC from the NiFe2O4 industry using the sonochemical synthesis method show the payback period (PBP) in the third year. So that in the third year onwards it can be predicted that the industry will experience profits. This research is expected to be a reference for technical and economic analysis to produce NiFe2O4 in humidity sensor applications on an industrial scale.https://ojs.unikom.ac.id/index.php/injuratech/article/view/6364techno-economicnanoparticle industrysonochemical synthesis
spellingShingle Rachel Gabriella
Muhammad Aldin Nur Zen
Fatih Izzul Haq
Silmi Ridwan Putri
Asep Bayu Dani Nandiyanto
Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis Method
International Journal of Research and Applied Technology
techno-economic
nanoparticle industry
sonochemical synthesis
title Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis Method
title_full Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis Method
title_fullStr Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis Method
title_full_unstemmed Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis Method
title_short Techno-Economic Analysis of NiFe2O4 Nanoparticle Industry Using Sonochemical Synthesis Method
title_sort techno economic analysis of nife2o4 nanoparticle industry using sonochemical synthesis method
topic techno-economic
nanoparticle industry
sonochemical synthesis
url https://ojs.unikom.ac.id/index.php/injuratech/article/view/6364
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AT fatihizzulhaq technoeconomicanalysisofnife2o4nanoparticleindustryusingsonochemicalsynthesismethod
AT silmiridwanputri technoeconomicanalysisofnife2o4nanoparticleindustryusingsonochemicalsynthesismethod
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