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An economic evaluation of palm oil mill in Thailand | |
Author | Patcharaporn Charoensuk |
Call Number | AIT RSPR no. IE-85-23 |
Subject(s) | Palm-oil industry--Economic aspects--Thailand |
Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Science, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Abstract | This report presents an economic analysis of the palm oil industry in Thailand by selecting a palm oil mill with a capacity of 20 tonnes of oil palm fruit (fresh fruit bunch) per hour as a case study. Net present value and internal rate of return technique have been utilized for this analysis. The economic performance of the representative mill was evaluated for 30 years between 1978-2008. Results of this analysis revealed the rate of return is low which indicated that palm oil industry faced the problem that palm oil mills cannot operate at full capacity because of the lack of the raw material, oil palm fruit. A sensitivity analysis on important parameters is carried out. It appeared that crude palm oil price, crude palm oil extraction rate and oil palm fruit (fresh fruit bunch) are the most sensitive parameters. The effect of these parameters are also graphically illustrated. This study also presented the profit planning of the short-term period for the management. |
Year | 1985 |
Type | Research Study Project Report (RSPR) |
School | School of Engineering and Technology (SET) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Industrial Engineering (IE) |
Chairperson(s) | Tang, John C.S. |
Examination Committee(s) | Tabucanon, Mario T. ;Frausum, Yves G. Van |
Scholarship Donor(s) | DAAD, Federal Republic of Germany |
Degree | Research Studies Project Report (M. Sc.) - Asian Institute of Technology, 1985 |