Studi Kelayakan

Pendirian
Pabrik Kimia
 Analisis Kelayakan

Terdapat 2 analisis:
1. Analisis teknis – proses dan sumber daya
2. Analisis ekonomi – Keuntungan, BEP, ROI,
POT, SDP dan DCFRR
 Kelayakan teknis

Faktor-faktor :
1. Proses – dapat dijalankan?
2. Bahan baku – ketersediaannya?
3. Sumber daya lainnya – SDM
4. Teknologi – kompetitif ?
 Kelayakan ekonomi

Parameter kelayakan:
1. Keuntungan
2. ROI?
3. POT?
4. BEP?
5. SDP?
6. DCFRR?
 Formula Kelayakan ekonomi

Keuntungan = total pemasukan – total biaya

𝑃𝑟𝑜𝑓𝑖𝑡
𝑅𝑂𝐼 = 𝑥100%
𝐹𝑖𝑥𝑒𝑑 𝐶𝑎𝑝𝑖𝑡𝑎𝑙 𝐼𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡

ROI : Percent Return On Investment

FCI : Fixed-Capital Investment (modal investasi tetap)
 Formula Kelayakan ekonomi

𝐹𝐶𝐼
𝑃𝑂𝑇 =
𝑃𝑟𝑜𝑓𝑖𝑡 + 0,1𝐹𝐶𝐼

POT : Pay-Out Time

𝐹𝑎 + 0,3𝑅𝑎
𝐵𝐸𝑃 = 𝑥100%
𝑆𝑎 − 𝑉𝑎 − 0,7𝑅𝑎

BEP : Break-even Point

Fa : annual fixed expenses
Va : annual variable expense
Ra : annual regulated expense
 Formula Kelayakan ekonomi

0,3𝑅𝑎
𝑆𝐷𝑃 = 𝑥100%
𝑆𝑎 − 𝑉𝑎 − 0,7𝑅𝑎
SDP : Shutdown Point

DCFRR : Discounted Cash Flow Rate of Return

Ada 2 cara analisis:
1. Present Value Analysis
2. Future Value Analysis
 Formula Kelayakan ekonomi

Present value analysis

𝐶 𝐶 𝑊𝐶 𝑆𝑉
𝐹𝐶 + 𝑊𝐶 = + 2
+ ⋯+ 𝑛
+ 𝑛
1+𝑖 1+𝑖 1+𝑖 1+𝑖

Future value analysis

𝐹𝐶 1 + 𝑖 𝑛 + 𝑊𝐶 1 + 𝑖 𝑛 =𝐶 1+𝑖 𝑛−1 +𝐶 1+𝑖 𝑛−2 + ⋯ + 𝑊𝐶 + 𝑆𝑉

 Formula Kelayakan ekonomi

FC : Fixed Capital
WC : Working Capital
SV : Salvage Value
C : Annuals cash flow = keuntungan setelah pajak +
depresiasi + pendapatan dari
bunga
 Yang harus dihitung

FCI : Fixed-Capital Investment

FC : Fixed Capital
WC : Working Capital
SV : Salvage Value
C : Annuals cash flow
Fa : annual fixed expenses
Va : annual variable expense
Ra : annual regulated expense