Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project

Economic viability of Tectona grandis sole cropping and intercropping for 20 years planting project were carried at the Boonrich plantation in Lahad Datu, Sabah. The study was conducted to evaluate the economic viability and to compare between T. grandis sole cropping and intercropping of T. grandis...

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Main Authors: Affendy Hassan, Tan M.S, Assis Kamu, Mohammad Amizi A.
Format: Article
Language:English
English
Published: International Science Community Association 2013
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/34022/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/34022/2/FULLTEXT.pdf
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author Affendy Hassan
Tan M.S
Assis Kamu
Mohammad Amizi A.
author_facet Affendy Hassan
Tan M.S
Assis Kamu
Mohammad Amizi A.
author_sort Affendy Hassan
collection UMS
description Economic viability of Tectona grandis sole cropping and intercropping for 20 years planting project were carried at the Boonrich plantation in Lahad Datu, Sabah. The study was conducted to evaluate the economic viability and to compare between T. grandis sole cropping and intercropping of T. grandis with Salacca zalaca. The data of height, diameter, cost and prices were analysed. The parameter that used to measure the economic viability of the project were net present value (NPV), internal rate of return (IRR), benefit cost ratio (BCR), land equivalent ratio (LER), sensitivity analysis (SA) and payback period. The analysis was carrying out by using Microsoft excel. From the study, the NPV of intercropping is RM27,063.70 (USD8,841.54), the LER is 1.37, 23.68% of IRR and have a shorter payback period (13 years) compare to the sole cropping. As a conclusion, the intercropping can give a higher profit to the company, not only that it has a shorter payback period than the sole cropping. In addition, it also showed a higher yield as the LER is more than one (1.37). Therefore, T. grandis intercrop with S. zalaca will gain extra benefit and greater output than the sole cropping.
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spelling ums.eprints-340222023-06-30T01:24:35Z https://eprints.ums.edu.my/id/eprint/34022/ Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project Affendy Hassan Tan M.S Assis Kamu Mohammad Amizi A. S560-571.5 Farm economics. Farm management. Agricultural mathematics Including production standards, record keeping, farmwork rates, marketing SD1-669.5 Forestry Economic viability of Tectona grandis sole cropping and intercropping for 20 years planting project were carried at the Boonrich plantation in Lahad Datu, Sabah. The study was conducted to evaluate the economic viability and to compare between T. grandis sole cropping and intercropping of T. grandis with Salacca zalaca. The data of height, diameter, cost and prices were analysed. The parameter that used to measure the economic viability of the project were net present value (NPV), internal rate of return (IRR), benefit cost ratio (BCR), land equivalent ratio (LER), sensitivity analysis (SA) and payback period. The analysis was carrying out by using Microsoft excel. From the study, the NPV of intercropping is RM27,063.70 (USD8,841.54), the LER is 1.37, 23.68% of IRR and have a shorter payback period (13 years) compare to the sole cropping. As a conclusion, the intercropping can give a higher profit to the company, not only that it has a shorter payback period than the sole cropping. In addition, it also showed a higher yield as the LER is more than one (1.37). Therefore, T. grandis intercrop with S. zalaca will gain extra benefit and greater output than the sole cropping. International Science Community Association 2013 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/34022/1/ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/34022/2/FULLTEXT.pdf Affendy Hassan and Tan M.S and Assis Kamu and Mohammad Amizi A. (2013) Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project. Research Journal of Agriculture and Forestry Sciences, 1 (3). pp. 22-25. ISSN 2320-6063 https://www.researchgate.net/profile/Assis-Kamu/publication/340742490_Economic_Viability_of_Tectona_grandis_sole_Cropping_and_Intercropping_for_20_years_Planting_Project/links/5e9b92734585150839e7f2b6/Economic-Viability-of-Tectona-grandis-sole-Cropping-and-Intercropping-for-20-years-Planting-Project.pdf
spellingShingle S560-571.5 Farm economics. Farm management. Agricultural mathematics Including production standards, record keeping, farmwork rates, marketing
SD1-669.5 Forestry
Affendy Hassan
Tan M.S
Assis Kamu
Mohammad Amizi A.
Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project
title Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project
title_full Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project
title_fullStr Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project
title_full_unstemmed Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project
title_short Economic Viability of Tectona grandis sole Cropping and Intercropping for 20 years Planting Project
title_sort economic viability of tectona grandis sole cropping and intercropping for 20 years planting project
topic S560-571.5 Farm economics. Farm management. Agricultural mathematics Including production standards, record keeping, farmwork rates, marketing
SD1-669.5 Forestry
url https://eprints.ums.edu.my/id/eprint/34022/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/34022/2/FULLTEXT.pdf
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