Financial Analysis of Acorns Chain for Food Production

This study presents a decision support system for the financial analysis of an acorn chain used in food production. The application of these fruits, in fact, shows potential in human nutrition and valorization of rural and marginal areas. A multi-step production process is hypothesised with a differ...

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Main Authors: Sandro Sacchelli, Tommaso Cavuta, Costanza Borghi, Maria Cipollaro, Roberto Fratini, Iacopo Bernetti
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Forests
Subjects:
Online Access:https://www.mdpi.com/1999-4907/12/6/784
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author Sandro Sacchelli
Tommaso Cavuta
Costanza Borghi
Maria Cipollaro
Roberto Fratini
Iacopo Bernetti
author_facet Sandro Sacchelli
Tommaso Cavuta
Costanza Borghi
Maria Cipollaro
Roberto Fratini
Iacopo Bernetti
author_sort Sandro Sacchelli
collection DOAJ
description This study presents a decision support system for the financial analysis of an acorn chain used in food production. The application of these fruits, in fact, shows potential in human nutrition and valorization of rural and marginal areas. A multi-step production process is hypothesised with a different potential organizational structure of each phase and products to be sold. The net present value, pay-back period, safety margins, and internal rate of return are computed for the implemented scenario. The research was grounded on Italian-based data but can be easily transferred to other case studies. The results highlight potential economic suitability of the chain, although subject to a minimal value of prices and productivity. Future improvements and further integration of this study, such as the analysis of fluctuation’s risk of annual production or the need to investigate sensorial properties of acorns, are suggested and discussed.
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spelling doaj.art-e7cbd394c07e4eaebd0ec53322ec2dc22023-11-22T00:07:58ZengMDPI AGForests1999-49072021-06-0112678410.3390/f12060784Financial Analysis of Acorns Chain for Food ProductionSandro Sacchelli0Tommaso Cavuta1Costanza Borghi2Maria Cipollaro3Roberto Fratini4Iacopo Bernetti5Department of Agriculture, Food, Environment and Forestry, University of Florence, P.le delle Cascine 18, 50144 Firenze, ItalyNational Institute of Agribusiness and Sustainability, P.le delle Cascine 18, 50144 Firenze, ItalyDepartment of Agriculture, Food, Environment and Forestry, University of Florence, via San Bonaventura 13, 50145 Firenze, ItalyDepartment of Agriculture, Food, Environment and Forestry, University of Florence, P.le delle Cascine 18, 50144 Firenze, ItalyDepartment of Agriculture, Food, Environment and Forestry, University of Florence, P.le delle Cascine 18, 50144 Firenze, ItalyDepartment of Agriculture, Food, Environment and Forestry, University of Florence, P.le delle Cascine 18, 50144 Firenze, ItalyThis study presents a decision support system for the financial analysis of an acorn chain used in food production. The application of these fruits, in fact, shows potential in human nutrition and valorization of rural and marginal areas. A multi-step production process is hypothesised with a different potential organizational structure of each phase and products to be sold. The net present value, pay-back period, safety margins, and internal rate of return are computed for the implemented scenario. The research was grounded on Italian-based data but can be easily transferred to other case studies. The results highlight potential economic suitability of the chain, although subject to a minimal value of prices and productivity. Future improvements and further integration of this study, such as the analysis of fluctuation’s risk of annual production or the need to investigate sensorial properties of acorns, are suggested and discussed.https://www.mdpi.com/1999-4907/12/6/784acornshuman foodfinancial analysisforest ecosystem services
spellingShingle Sandro Sacchelli
Tommaso Cavuta
Costanza Borghi
Maria Cipollaro
Roberto Fratini
Iacopo Bernetti
Financial Analysis of Acorns Chain for Food Production
Forests
acorns
human food
financial analysis
forest ecosystem services
title Financial Analysis of Acorns Chain for Food Production
title_full Financial Analysis of Acorns Chain for Food Production
title_fullStr Financial Analysis of Acorns Chain for Food Production
title_full_unstemmed Financial Analysis of Acorns Chain for Food Production
title_short Financial Analysis of Acorns Chain for Food Production
title_sort financial analysis of acorns chain for food production
topic acorns
human food
financial analysis
forest ecosystem services
url https://www.mdpi.com/1999-4907/12/6/784
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AT costanzaborghi financialanalysisofacornschainforfoodproduction
AT mariacipollaro financialanalysisofacornschainforfoodproduction
AT robertofratini financialanalysisofacornschainforfoodproduction
AT iacopobernetti financialanalysisofacornschainforfoodproduction