Abstract:
The objective of this independent study is to conduct the feasibility of solar dome launching in crispy rice snack business in order to formulate possibilities of the solar domes investment for productivity improvement and making a difference by using environmental technology. Feasibility is used to analysis of the worthwhile of an idea. The result of crispy rice snack businesss costing model, the result of an insights interview, and researches reviewing will lead to the conclusion and discussion.
The study of crispy rice snack business supply chain leads to the understanding of manufacturing in each stage. Raw materials selection, order processing, transformation, checking and transporting are acquired by this study. Moreover, it clearly states organization's supply chain from upstream, mid-stream and downstream.
Then, the learner has taken the data from in-depth interviews and observations to gathering and analyzing, in order to find ways to deal with problems in the organization. By put all these processes in model price (Costing Model). The results of the study show that the investment of solar dome in crispy rice snack business gain 73.4% to be succeed in this business. The calculation is substitute in Monte Carlo Simulation, which is a possibility calculate tool.
Based on study, the result shows that Net Present Value (NPV), which is a measure of the present value of the projects benefits and costs by finding the difference between Present Value Benefit (PVB) and Present Value Cost (PVC). In this process, the cost of capital is 8,096,273 baht, which the NPV is greater than 0, the project is tend to be invested.
From the evaluation, Internal Rate of Return (IRR) which is the determiner of investment returns rate and market interest rates. The calculation meant to find the interest rate and the decreasing which cause present net value to be zero. The previous decreasing makes the benefits and costs of the project to be present value. The calculation shows that, the project has a value of 66.5% and an IRR greater than 0, which means investing solar dome is possible.
The learner also analyzed Benefit- Cost Ratio (B/C Ratio) which returns rate per capital is Present Value Benefit divided by Present Value Cost. The compensation will be occurring over the project. The cost of construction will occur only during construct. However, cost of maintenance and replacement might occur. After that, compare present revenue with present cost to find Benefit-Cost Ratio (B/C Ratio). The result of calculation shows that projects value is 1.17, which the B/C Ration is greater than 1,means this project tend to be invested.
However, the learner also analyzed payback period (PB). Payback period of this project will be the time that incoming returns can cover costs and capital. From this analyzing, the project will take 5 years and payback period will take 2years, 7 months, 27 days. This business can pay both short-term debt and long-term debt before the end of the project.