Economic analysis of crown flower production and management : a case study of Nakornchaisri, Nakornpathom Province, Thailand | |
| Author | Suraporn Onputtha |
| Call Number | AIT Thesis no.AB-12-17 |
| Subject(s) | Crown flower--Thailand--Nakornpathom Crown flower--Cost effectiveness--Thailand--Nakornpathom |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Science in Agribusiness Management, School of Environment, Resources and Development |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. AB-12-17 |
| Abstract | The study of economic analysis of crown flower production and management : a case study of Nakornchaisri, Nakornpathom province , Thailand, has been conducted with both primary and secondary data, collected from 43 farmers and 2 whole salers and retailers . The study area is Nakornchaisri district, Nakornpathom province , Thailand . The results are divided into 4 parts, consisting of crown flower general information and flower production, financial analysis, crown flower supply chain and recommendation. In terms of crown flower production, in the production process, the crown flower producers; consisting of farmers, harvester and peelers produce t he flower, send to the wholesalers by both to meeting point , or drop in front of home / farm. The main vehicle used in whole production process through the transportation for other supply material s is motorcycles. The major cost of plantation is about pest icide, fertilizer and herbicide (38,261; 99,918 and 157,148 for 4 , 8 and 13 rais respectively). In financial analysis, the feasibility of cost investment for crown flowers farming is projected with 4 years. For three farm sizes ( 4 , 8 and 13 rais ), paybac k period is in the Year 2, 2, and 1 , NPV is 1,125,548.97; 2,143,214.13 and 2,686,545.74 baht, BCR is 2.04, 2.30 and 1.78 and IRR is 120%, 163% and 166% , respectively . From data analysis, al l farm size s can give positive benefits for the famers. About the chain of crown flower, the study finds that the chain of this type of flower run s very simple. It consists of famers, wholesalers and retailers, and garland makers. The farmer is the first person in the crown flower supply chain. The farmers buy equipment and supplies from agricultural shops, produce crown flowers and send to the wholes aler (the second person) who act s as in dual act ion in Pak Klong Talad market. Then, the next person (the third) is the local retailers and the chain continues with the garla nd maker who is the fourth person. The chain ends up with the customer who use the garland for any the reason of respect or decoration of ceremonies. Keywords: Economic Analysis, crown flower production, Crown flower supply chains, cost feasibility of crown flower farming, NPV, IRR, BCR |
| Year | 2012 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. AB-12-17 |
| Type | Thesis |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Department of Food, Agriculture and Natural Resources (Former title: Department of Food Agriculture, and BioResources (DFAB)) |
| Academic Program/FoS | Agribusiness Management (AB) |
| Chairperson(s) | Shivakoti, Ganesh P.; |
| Examination Committee(s) | Athapol Noomhorn;Soni, Peeyush; |
| Scholarship Donor(s) | Royal Thai Government Fellowship; |
| Degree | Thesis (M. Am.) - Asian Institute of Technology, 2012 |