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All Journal Urecol Journal. Part E: Engineering
Wafa Raihanah Arwa
Universitas Pendidikan Indonesia, Indonesia
Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Control & Systems Engineering Electrical & Electronics Engineering Engineering Industrial & Manufacturing Engineering Mechanical Engineering

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Economic Evaluation of Cobalt Ferrite (CoFe2O4) Nanoparticles Using Thermal Decomposition Synthesis Method Sadina Sahitya Dewi; Wafa Raihanah Arwa; Dewi Yulina Nur Soleha; Silmi Ridwan Putri; Asep Bayu Dani Nandiyanto
Urecol Journal. Part E: Engineering Vol. 1 No. 2 (2021): August-Dec
Publisher : Konsorsium LPPM Perguruan Tinggi Muhammadiyah 'Aisyiyah (PTMA) Koordinator Wilayah Jawa Tengah - DIY

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (284.343 KB) | DOI: 10.53017/uje.109

Abstract

The purpose of this study was to determine the technical and economic feasibility of a project to manufacture CoFe2O4 nanoparticles using the thermal decomposition synthesis method on an industrial scale. The method used in economic evaluation is to compare several parameters such as gross profile margin (GPM), payback period (PBP), breakeven points (BEP), internal rate return (IRR), cumulative net present value (CNPV), return on investment (ROI), and profitability index (PI). The results show that the production of CoFe2O4 nanoparticles is profitable on an industrial scale with a relatively lower selling price than the market price and a relatively small size. This project can run within nine years and the investment will be profitable within 2 years according to PBP results.
Economic Evaluation of Cobalt Ferrite (CoFe2O4) Nanoparticles Using Thermal Decomposition Synthesis Method Sadina Sahitya Dewi; Wafa Raihanah Arwa; Dewi Yulina Nur Soleha; Silmi Ridwan Putri; Asep Bayu Dani Nandiyanto
Urecol Journal. Part E: Engineering Vol. 1 No. 2 (2021): August-Dec
Publisher : Konsorsium LPPM Perguruan Tinggi Muhammadiyah 'Aisyiyah (PTMA) Koordinator Wilayah Jawa Tengah - DIY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53017/uje.109

Abstract

The purpose of this study was to determine the technical and economic feasibility of a project to manufacture CoFe2O4 nanoparticles using the thermal decomposition synthesis method on an industrial scale. The method used in economic evaluation is to compare several parameters such as gross profile margin (GPM), payback period (PBP), breakeven points (BEP), internal rate return (IRR), cumulative net present value (CNPV), return on investment (ROI), and profitability index (PI). The results show that the production of CoFe2O4 nanoparticles is profitable on an industrial scale with a relatively lower selling price than the market price and a relatively small size. This project can run within nine years and the investment will be profitable within 2 years according to PBP results.
Co-Authors Asep Bayu Dani Nandiyanto Dewi Yulina Nur Soleha Sadina Sahitya Dewi Silmi Ridwan Putri