Journal of Industrial Engineering and Management
Vol 1, No 1 (2023)

Preliminary study on cost analysis estimation and production yield of SMEs convection in Banyumas, Indonesia

Fauzan Romadlon (Institut Teknologi Telkom Purwokerto)
Firdayanthi Lestiana (Institut Teknologi Telkom Purwokerto)
Tslasa Audrey (Institut Teknologi Telkom Purwokerto)
Putri Rahmania (Institut Teknologi Telkom Purwokerto)
Putri Nur Faizah (Institut Teknologi Telkom Purwokerto)



Article Info

Publish Date
24 Jan 2023

Abstract

This preliminary study aims to compare the production capacity of the convection SMEs in Banyumas. The method used is quantitative, namely the cost estimation analysis and the Analysis of Variance (ANOVA) test, to calculate the statistical significance of production among the three SMEs. Based on the cost estimation analysis calculation, SME C has the highest production cost compared to SMEs A and B. The ANOVA test results significantly differ between the three convection SMEs' production capacity. The production capacity of SME B is higher than SME A and SME C. In practice, SME convection requires increasing production capacity, optimizing marketing strategies, and a product innovation approach to maintain business sustainability

Copyrights © 2023