Financial Cost-Benefit Analysis of Dong Yang-Pornpiboon Village’s Indigo dyed Mudmee Textile
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Abstract
The “Dong Yang-Pornpiboon” Indigo Dyed Mudmee Textile Community Enterprise has evolved from weaving cloth for household use to an outstanding industrial handicraft community in Udon Thani. The objective of this study is to determine if the indigo-dyed Mudmee fabric project is feasible by conducting Financial Cost-benefit Analysis (CBA). The results show a positive net present value (NPV) (122,227-536,232 Baht), which means an investment in the weaving project is a worthwhile undertaking. The production of indigo-dyed Mudmee fabric requires an initial investment in the range of 30,000 to 60,000 Baht and it takes less than two years to reach the payback period. The project generates an average net profit of 21,797 - 84,766 Baht/year/household. It is also notable that this traditional weaving project not only helps to carry on the local weaving wisdom of the community, but also generates an income through the distribution of work and income. However, a sensitivity analysis is recommended for future research to identify how much variations in the input values under a given set of production costs, customer base, and other risk factors that may affect the worthiness of investments in these projects.
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ลิขสิทธิ์ต้นฉบับที่ได้รับการตีพิมพ์ในวารสารเพื่อการพัฒนาการท่องเที่ยวสู่ความยั่งยืน ถือเป็นกรรมสิทธิ์ของโรงเรียนการท่องเที่ยวและการบริการ มหาวิทยาลัยสวนดุสิต ห้ามผู้ใดนำข้อความทั้งหมดหรือบางส่วนไปพิมพ์ซ้ำ เว้นแต่จะได้รับอนุญาตอย่างเป็นลายลักษณ์อักษรจากโรงเรียนการท่องเที่ยวและการบริการ มหาวิทยาลัยสวนดุสิต นอกจากนี้ เนื้อหาที่ปรากฎในบทความเป็นความรับผิดชอบของผู้เขียน ทั้งนี้ไม่รวมความผิดพลาดอันเกิดจากเทคนิคการพิมพ์
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