scholarly journals The value of research: using the Impact Tool to evaluate realised and anticipated benefits of the Cooperative Research Centre for Beef Genetic Technologies

2015 ◽  
Vol 55 (2) ◽  
pp. 133 ◽  
Author(s):  
G. R. Griffith ◽  
H. M. Burrow

The Cooperative Research Centre (CRC) for Beef Genetic Technologies operated for its third successive 7-year term from July 2005 to June 2012. It developed new genetic and genomic technologies and non-genetic ‘products’ (practices, processes, tools and technologies) to improve profitability, productivity, animal welfare and responsible resource use of Australian beef businesses. In this paper we assess how well the third-term Beef CRC met its objectives, at the end of its funding period, using the Impact Tool software package developed by the CRC Program of the Commonwealth Government. The Impact Tool generates two commonly used measures of return on investment: the net present value (NPV) and the benefit : cost ratio (BCR). The NPV, the sum of discounted benefits minus the sum of discounted costs, was $233.2 m, when evaluated over the period 2005/06–2020/21. The BCR, the sum of discounted benefits divided by the sum of discounted costs, was 2.94, over the same period. Thus on both measures, investing in the Beef CRC is expected to have been profitable. We conclude by noting that the value of the Impact Tool is not only for ex-ante and ex-post evaluation of the impacts of particular technologies, but it also provides a very effective tool for RD&E project planning.

Author(s):  
MK Hasan ◽  
MAA Mahmud

The study estimated the benefit and rates of returns to investment on turmeric research and development in Bangladesh. The Economic Surplus Model with ex-post analysis was used to determine the returns to investment and their distribution between the production and consumption. Several discounting techniques were also used to assess the efficiency of turmeric research. The adoption rate was found increasing trend over the period. The yield of BARI developed modern varieties of turmeric was 41 to 73% higher than those of the local variety. Society got net benefit Tk. 9333.88 million from the investment of turmeric research and extension. The net present value (NPV) and present value of research cost (PVRC) were estimated at Tk. 1200.84 and 157.88, respectively. The internal rate of return (IRR) and benefit cost ratio (BCR) were estimated to be 68% and 10.45, respectively indicated investment on turmeric research and development was a good and profitable investment. Seed production programme of turmeric should be taken largely to increase production by increasing area adoption. DOI: http://dx.doi.org/10.3329/ijarit.v4i1.20968 Int. J. Agril. Res. Innov. & Tech. 4 (1): 1-10, June, 2014


2019 ◽  
Vol 44 (1) ◽  
pp. 139-152
Author(s):  
MS Rahman ◽  
M Khatun ◽  
MA Monayem Miah

The study was carried out to investigate profitability of mango farming and to assess the impact of BARI Aam-3 mango variety production on the farmer’s livelihood in four mango growing districts namely Khagrachori, Bandorban, Naogaon, and Satkhira of Bangladesh during February to March, 2018. A total of 128 BARI Aam-3 growers were selected using multi-stage random sampling technique. Descriptive statistics and financial profitability analysis was used to analyze data. The net return for one hectare of mango orchard was Tk. 730233 for 6-7 years of BARI Aam-3 mango orchard. Net present value was estimated to Tk. 444397 for BARI Aam-3 which indicates that mango cultivation fetches higher returns. The estimated benefit cost ratio was 2.01 for BARI Aam-3 which ensures that investment in BARI Aam-3 is feasible for the mango farmers. The BARI Aam-3 mango cultivation was also found to be a profitable enterprise since internal rate of return was very high (83.075%). The results also reveal that human capital increased by 54.34%, 68% and 60.54%; physical capital increased by 48.17%, 58% and 50% as well as social capital increased by 28.50%, 43% and 45.95% of the small, medium and large farmers respectively due to cultivation of BARI Aam-3 mango variety. Therefore, it is highly recommended to spread the information of BARI Aam-3 cultivation as a profitable enterprise among the mango growers throughout the country. Bangladesh J. Agril. Res. 44(1): 139-152, March 2019


2015 ◽  
Vol 12 (2) ◽  
pp. 103-115 ◽  
Author(s):  
Md. Kamrul Hasan ◽  
M. Serajul Islam

The study estimated the benefit and rate of returns to investment on ginger research and extension in Bangladesh. The Economic Surplus Model with ex-post analysis was used to determine the returns to investment and their distribution between production and consumption. Several discounting techniques were also used to assess the efficiency of ginger research. The adoption rate was found increasing over the period. The yield of modern varieties of ginger developed by Bangladesh Agricultural Research Institute (BARI) was 78 per cent higher than that of the local varieties. Society got net benefit of Tk. 432.31 million by investing in ginger research and extension. The net present value (NPV) and present value of research cost (PVRC) were estimated to be Tk. 135.01 and 81.15 million, respectively. The internal rate of return (IRR) and benefit cost ratio (BCR) were estimated to be 32 per cent and 3.75, respectively indicating that investment on ginger research and development was profitable. Ginger seed production programme should be taken largely to increase production by increasing improved variety adoption area.The Agriculturists 2014; 12(2) 103-115


2017 ◽  
Vol 13 (3) ◽  
pp. 240
Author(s):  
Novdin M Sianturi

Abstrak: Pengelolaan sampah di Kota Pematangsiantar masih bertumpu pada pendekatan akhir (kumpul-angkut-buang), dengan tingkat pelayanan yang rendah, sehingga untuk meningkatkan pelayanan sampah, perlu dilakukan pemilahan di tempat penampungan sementara (TPS). Penelitian ini bertujuan untuk mengkaji sistem pengelolaan sampah dengan melakukan pemilihan di TPS dapat meningkatkan pelayanan aset persampahan sampai tahun  2015 secara teknis operasional dan dari aspek keuangan. Analisa teknis operasional aset pengelolaan sampah mulai dari pewadahan, pengumpulan dan pengangkutan sedangkan analisa keuangan dan analisa kelayakan menggunakan Net Present Value, Internal Rate of Return, Benefit/Cost Ratio, dan Payback Period. Dari hasil analisa tersebut diperoleh suatu sistem pengelolaan sampah dengan pemilihan di TPS berdasarkan zona pelayanan dengan skala prioritas secara bertahap daritahun 2013-2017, dapat meningkatkan cakupan pelayanan sampah eksisting rata-rata 6,69 %, cakupan pelayanan TPS eksisting rata-rata 8,29 %, dan cakupan pelayanan truk pengangkut sampah eksisting rata-rata 12,03 %. Investasinya layak, diperoleh Net Cashflow pada tahun 2020 sebesar Rp 1.720.242.284,-, NPV suku bunga 15 % bernilai positif, IRR > MARR 15 %,  B/C Ratio > 1, dan PP 4,7 tahun, lebih pendek dari periode investasi 10 tahun. Dari Metode penelitian ini maka pengumpulan data, observasi lapangan dan pengukuran contoh timbulan sampah dengan sampel 4 TPS perumahan yang terlayani pengangkutan.


Author(s):  
Wahyu Setiawan ◽  
Atikah Nurhayati ◽  
Titin Herawati ◽  
Asep Agus Handaka

Gill net is one of the fishing gear used by Jatigede Reservoir fisherman. The purpose of this research is to analyzed the feasibility of fish catching business with gill net in Jatigede Reservoir. This research was conducted by used data collection method (observation, questioner, literature study) and method of data analysis (feasibility business analysis). The benefits of this research is expected to be informations and references for the research who will expand a fishing business with gill net at Jatigede Reservoir. The result of feasibility of fish catching business with gill net at Jatigede Reservoir is profit value Rp. 70.890.000, Break Event Point price and production (all species of fish) Rp. 4.154/kg and 2.136kg in a year, Benefit Cost Ratio 3,37, Payback Period 2 months and Net Present Value >1 Rp. 52.820.243, the fish catching business using gill net at Jatigede Reservoir is feasible to be developed.


2017 ◽  
Vol 16 (2) ◽  
pp. 38
Author(s):  
Rama Dwi Aryandi ◽  
Ari Sandhyavitri ◽  
Reni Suryanita

Penelitian ini bertujuan untuk menganalisis tingkat pelayanan simpang berdasarkan data lalu lintas simpang tersebut apakah derajat jenuhnya sudah melewati ambang batas DS = 0,75, jika nilai DS>0,75, akan dikaji penerapan beberapa alternatif penanganan untuk meningkatkan tingkat pelayanan simpang, untuk kemudian dipilih lagi alternatif terbaik untuk jangka pendek, menengah dan panjang. Metode pengumpulan data yang digunakan dalam penelitian ini adalah metode traffic counting, sedangkan untuk pengkajian alternatif penanganan simpang secara teknik menggunakan metode MKJI 1997, secara ekonomi menggunakan metode LAPI ITB, analisa nilai waktu dengan nilai waktu hasil penelitian Dirjen Bina Marga dan analisa biaya investasi dengan analisa Benefit Cost Ratio dan Net Present Value.  Dari tiga alternatif manajemen lalu lintas yang diajukan, hanya alternatif ke-3 yaitu kombinasi peniadaan hambatan samping, pelarangan belok kiri dan optimasi traffic light  yang menghasilkan nilai DS<0,75 untuk kondisi eksisting, sedangkan untuk tahun 2020 nilai DS-nya adalah 0,79 untuk Hari Selasa dan 0,83 untuk Hari Rabu. Sedangkan dengan alternatif pembangunan flyover, untuk jangka pendek atau 5 tahun nilai BCR dan NPV-nya 1,25 dan 48,9 milyar rupiah, tahun ke-10  2,29 dan 256,4 milyar rupiah, serta tahun ke-15 3,35 dan 472,19 milyar rupiah, sehingga dapat disimpulkan bahwa pembangunan flyover adalah solusi penanganan terbaik untuk menignkatkan kinerja Simpang Pasar Pagi Arengka.


2021 ◽  
Author(s):  
Muhammad Usman Rashid ◽  
Haris Miqdad ◽  
Muhammad Saad ul Hassan ◽  
Abdul Haseeb

Abstract Multipurpose large dams play a key role in the development of world by providing water for irrigation, flood control and hydropower. Tarbela is one of the world's largest earth and rock fill dam. Being multipurpose dam, it provides vital role for economic stability and social development of Pakistan. Tarbela Reservoir has lost its significant capacity due to sediment deposition. The objective of the study was to evaluate different options for evacuation of deposited sediments and reducing sediment inflows to Tarbela Reservoir through sediment modeling by HEC-RAS. Sediment flushing from existing power tunnels was evaluated in first option and found not feasible due to the downstream constraints and loss of 7848 MW hydropower from Tarbela and Ghazi Barotha. New sediment bypass tunnels were proposed on right bank of the dam to overcome the constraints in second option. Sediment modeling was performed by HEC-RAS to evaluate each scenario of sediment flushing with different parameters. The sediment balance ratio and long term capacity ratio was also checked for each scenario for technical evaluation and also economic analysis was performed. Most technical viable scenario was flushing for 90 days at reservoir drawdown level of 390 m with discharge of 5000m 3 /s. However, this scenario was not economically feasible as net present value was negative, internal rate of return was 3-4 %, and benefit cost ratio was found less than one. The 3 rd option, with under construction multipurpose Diamer Basha Dam on upstream of Tarbela Reservoir, was also evaluated on HEC-RAS. Results depicted that large amount of sediments were trapped in the upstream reservoir which ultimately reduced significantly the inflow of sediments and delta movement in Tarbela Reservoir. This option is recommended because it will enhance the life of Tarbela Reservoir and it will keep on providing multiple benefits for longer time.


2021 ◽  
Vol 4 (13(112)) ◽  
pp. 101-112
Author(s):  
Olexander Bugrov ◽  
Olena Bugrova

A conceptual model for analyzing the dynamics of the value of the project, achieved as a result of engineering, under conditions of uncertainty has been developed. In the methodological context, the proposed approach is based on an array of isovalues, each of which corresponds to its own level of optimism in forecasting the cash flow for the project. With the increase in the efficiency of the project due to engineering, the entire array of iso-value lines’ changes its geometrical position, moving further from the origin (in the four-dimensional space "time-benefit-cost-risk"). The proposed model includes three stages. At the first stage, input information is collected and the corresponding analysis is initiated. The result of the second stage is a multivariate cash flow forecast and calculation of the benefit-cost ratio (BCR) and its changes for each scenario. The third stage provides the calculation of the expected BCR and its change, an assessment of the risk of making an erroneous decision and changing this risk as a result of the engineering session. The model makes it possible to calculate the achieved proportion of the static and dynamic vectors of change in the value of the project, which is one of the key manifestations of the scientific novelty of the work. In the example considered, the share of the dynamic vector of growth in the value of the project was found to be 35.47 %. The model has an environmental property - the assessment of the success of value engineering under conditions of uncertainty is carried out on the basis of the annual total benefits and the annual total costs throughout the project cycle. Thus, the analysis takes into account the impact of the project on the environment, which is reflected in the risk assessment. The given case testifies to the feasibility of applying the model in the practice of engineering the value of construction projects.


Agrikultura ◽  
2018 ◽  
Vol 29 (3) ◽  
pp. 144
Author(s):  
Wahyu K Sugandi ◽  
Asep Yusuf

ABSTRACTEconomic analysis reel type cutting machine for elephant grassThe need grass for fodder in the region Lembang has been increasing, but it does not followed byits quality. Therefore, cutting machine which is able to cut the fodder no more than 5 cm size is needed. The Laboratory of Agricultural Machinery and Machinery Department of Agricultural Engineering and Biosystem FTIP Unpad had been developed an elephant grass enchant machine inaccordance with the requirements of making the silage, but no economic feasibility analysis has been done for the machine. Therefore it was necessary to study the economic feasibility analysis of elephant grass cutting machine. The method used in this study was the economic analysis methodwhich includes the cost of production and the breakeven point, and business feasibility including net present value (NPV), benefit cost ratio analysis (BCR), internal rate of return (IRR) and payback period analysis (PBP). The results showed that the cost of production of elephant grass enemies was Rp 2,178 / kg with production breakeven 18.769 kg, BC ratio of 1.15, NPV1 of Rp 70,770, - NPV2 of Rp 61.333, - IRR of 27% and payback period during 2 months. So it can be concluded that the use of elephant-type elephant chopper machine was feasible to use.Keywords: Elephant grass, economic analysis, cutting machineABSTRAKKebutuhan rumput gajah untuk pakan ternak (silase) di daerah Lembang terus meningkat. Syarat pembuatan silase tersebut bahwa panjang potongan rumput gajah sebaiknya < 5 cm. Untuk itudiperlukan sebuah mesin pencacah rumput gajah sesuai syarat pembuatan silase. LaboratoriumAlat dan Mesin Pertanian Departemen Teknik Pertanian dan Biosistem FTIP Unpad telah mengembangkan sebuah mesin pencacah rumput gajah sesuai syarat pembuatan silase tersebut, tetapi belum dilakukan analisis kelayakan ekonomi untuk mesin tersebut. Oleh karena itdiperlukan suatu penelitian berkenaan dengan analisis kelayakan ekonomi mesin pencacah rumput gajah. Metode yang digunakan pada penelitian ini adalah metode analisis ekonomi yang meliputi biaya pokok produksi dan titik impas, serta kelayakan usaha yang meliputi net present value(NPV), benefit cost ratio analysis (BCR), internal rate of return (IRR) dan payback period analysis(PBP). Hasil penelitian menunjukkan bahwa biaya pokok produksi mesin pencacah rumput gajah adalah Rp 2.178/kg dengan titik impas produksi 18.769 kg, BC rasio sebesar 1,15, NPV1 sebesar Rp 70.770,- NPV2 = Rp 61.333,- IRR sebesar 27% dan payback period selama 2 bulan. Maka dapat disimpulkan bahwa pengunaan mesin pencacah rumput gajah tipe reel layak digunakan. Kata Kunci : Rumput Gajah, Analisis Ekonomi, Mesin Pencacah


2016 ◽  
Vol 13 (2) ◽  
Author(s):  
Dessy Putri Andini

Kondisi perekonomian yang sangat sulit saat ini menuntut sebuah unit bisnis untuk bisa menciptakan sebuah unit bisnis yang prospektif dan menguntungkan dalam jangka pendek dan jangka panjang sebagai tempat untuk melakukan investasi. Pemikiran yang kedua adalah dengan modal yang pas – pasan, produk yang diproduksi harus dapat diterima oleh pasar sehingga memunculkan permintaan pasar dan dapat memberikan keuntungan bagi bisnis kita. Oleh karena itu, kita perlu untuk melakukan studi kelayakan sebuah unit bisnis agar mampu bersaing di dunia bisnis.Penelitian ini bertujuan untuk mengetahui kelayakan usaha waralaba “PANGESTU” dengan menggunakan metode Payback Period, metode Benefit Cost Ratio (BCR), metode Net Present Value (NPV) yaitu metode yang menghitung selisih nilai dengan penerimaan kas bersih dimasa yang akan datang dan metode Internal Rate of Return (IRR) yaitu untuk mencari tingkat bunga. Dari hasil perhitungan dengan menggunakan metode PP diperoleh hasil, yaitu 2 tahun 2 bulan, lebih cepat dari umur ekonomis usaha selama 5 tahun. BCR memiliki nilai lebih dari 1 yang menunjukkan bahwa usaha ini layak untuk diusahakan. NPV bernilai positif, yaitu Rp. 1.099.768.059. IRR bernilai 85,95% lebih besar dari tingkat bunga yang telah ditetapkan yaitu 15%. Sehingga jika usaha ini diwaralabakan pasti banyak yang akan membeli usaha ini.


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