THE COST AND RETURN OF PLAM OIL PLAM ENTREPRENURS : A CASE STUDY OF SURAT THANI PROVINCE
Keywords:
Cost, Return, The oil palm bunch collection center, SuratthaniAbstract
This research aims to study the cost and return of the oil palm bunch collection center entrepreneurs in Suratthani province that reveals the business model of single owner. The researcher used a questionnaire to collected data from 243 entrepreneurs. The result found that this indicated that the total cost of the oil palm bunch collection center is 5,687,712.96 Baht. It is divided into fixed costs of 3,638,974.25 Baht and variable costs of 2,048,738.71 Baht. The trading oil palm of single owner entrepreneurs had a return of 1,051,200.00 baht per year, which gain the benefit for the single owner entrepreneurs, as a return on trading is 0.2 baht per kilogram. The total return is -0.88 baht per kilogram with a cash return of -0.34 baht per kilogram. On the other hand, the financial return analysis includes the payback period (PB) was 14 years and 2 months, Net Present Value (NPV) equal to -4,636,512.96 and Benefit-cost ratio (BCR) equal to 0.18. Subsequently, the management cost of the oil palm bunch collection center in the fixed costs and variable costs can be found as the significant aspect, because of the impact on the survival of the palm oil business in the future and to enhance the ability to construct competitive advantage and improvement in the same industry in different areas.
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