A feasibility study to set up a factory for squid products in Songkhla (Thai)

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Published: Apr 19, 2017
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Wipawee Sritasoy
Master's Degree in Industrial Engineering, Faculty of Engineering, Prince of Songkla University, Hat Yai Campus, Thailand
Sakesun Suthummanon
Assistant Professor, Department of Industrial Engineering, Faculty of Engineering, Prince of Songkla University, Hat Yai Campus, Thailand
Napisaporn Meemongkol
Assistant Professor, Department of Industrial Engineering, Faculty of Engineering, Prince of Songkla University, Hat Yai Campus, Thailand
Kitti Cherdrungsi
Lecturer, Department of Industrial Biotechnology, Faculty of Agro-Industry, Prince of Songkla University, Thailand

Abstract

The data was obtained from marketing research with sample size of 342 for customers and 60 for dealers in Udon Thani. The results indicate that the favorite products were ground spicy squid and baked squid. The anticipated demand for the products was 300 kg per day. The investment was 25,824,815 baht and the working capital was 11,944,495 Baht. The IRR was found at 40.35 % which was more than MARR (19.85%). The NPV was 28,835,736 Baht at 16% discount rate. The payback period was 2 years, 9 months and 5 days. The project was sensitive to sales volume. In conclusion, the results confirm that there was a high feasibility to set up a squid products factory in Songkhla

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How to Cite
Sritasoy, W., Suthummanon, S., Meemongkol, N., & Cherdrungsi, K. (2017). A feasibility study to set up a factory for squid products in Songkhla (Thai). Asia-Pacific Journal of Science and Technology, 14(3), 283–290. Retrieved from https://so01.tci-thaijo.org/index.php/APST/article/view/83406
Issue
Vol. 14 No. 3 (2009): March
Section
Research Articles

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