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= 𝑥 100 %
𝐹𝑖𝑥𝑒𝑑 𝐶𝑎𝑝𝑖𝑡𝑎𝑙 𝐼𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡

ROI : Percent Return On Investment

FCI : Fixed-Capital Investment (modal investasi tetap)
 Formula Kelayakan ekonomi
  𝐹𝐶𝐼
𝑃𝑂𝑇 =
𝑃𝑟𝑜𝑓𝑖𝑡+ 0,1 𝐹𝐶𝐼
POT : Pay-Out Time
  𝐹𝑎+0,3 𝑅𝑎
𝐵𝐸𝑃 = 𝑥 100 %
𝑆𝑎 −𝑉𝑎 − 0,7 𝑅𝑎
BEP : Break-even Point
Fa : annual fixed expenses
Va : annual variable expense
Ra : annual regulated expense
 Formula Kelayakan ekonomi
  0,3 𝑅𝑎
𝑆𝐷𝑃 = 𝑥 100 %
𝑆𝑎 −𝑉𝑎 − 0,7 𝑅𝑎
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
+
( 1+𝑖 ) ( 1+𝑖 ) ( 1+𝑖 ) ( 1+𝑖 )𝑛

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