Analysis Of The Feasibility Of Etawah Peranakan Goat Milk In Suka Maju Village, Binjai Barat District, Binjai City
Analysis of the Feasibility of Etawah Peranakan Goat Milk in Suka Maju Village, Binjai Barat District, Binjai City
Introduction
The dairy goat farming business has been gaining popularity in recent years due to its potential to provide a sustainable source of income for farmers. In this study, we aim to analyze the feasibility of Etawah Peranakan goat milk in Suka Maju Village, Binjai Barat District, Binjai City. The main purpose of this study is to determine the income generated from the dairy goat business in the study area and to evaluate the feasibility of the dairy goat business managed in Kelurahan Suka Maju, West Binjai District, Binjai City.
Research Methodology
To determine the research area, a purposive method is used, which is a location selection based on certain considerations. Meanwhile, for the determination of samples, this research uses the census method, so that the entire population is used as a sample. In analyzing the amount of income from dairy goats, a financial approach is used by analysis of total income. Meanwhile, to evaluate the feasibility of livestock businesses, Break Even Point (BEP) and R/C Ratio analysis is used.
Data Collection and Analysis
The data collected from the study area shows that the average total revenue of the dairy goat farming business in Suka Maju Village was Rp 23,478,477, with an average total cost of Rp 4,087,773. The average revenue obtained is Rp. 27,566,250. Based on the feasibility analysis carried out, the dairy goat farming business is declared feasible to be managed by all samples involved. This is because all samples meet the feasibility criteria, where goat milk production is greater than BEP production, the selling price of goat milk is higher than the price BEP, and the R/C ratio is greater than 1.
Feasibility Analysis of Dairy Goat Livestock Business
In the feasibility analysis of dairy goat business, several important factors need to be considered. First, the total income earned from the sale of goat milk is the main indicator. From this study, it appears that the average total revenue of Rp 23,478,477 shows good potential for farmers in the region.
Furthermore, the cost aspect is also very influential on the feasibility of the business. With an average total cost of Rp 4,087,773, this shows that the operational costs incurred are relatively small compared to the income received. This condition creates a difference that is quite beneficial for farmers, giving them incentives to continue to develop this business.
In addition, BEP and R/C ratio analysis are two important methods in evaluating feasibility. Production BEP shows the break -even point where the total income is equal to the total cost. With all samples that have production above the break -even point, it is clear that they not only cover costs but also benefit. Meanwhile, the R/C Ratio which is more than 1 indicates that every rupiah incurred for operational costs generates revenues of more than one rupiah, emphasizing the financial feasibility of this business.
Break Even Point (BEP) Analysis
The BEP analysis is a crucial step in evaluating the feasibility of the dairy goat business. The BEP is the point at which the total income equals the total cost. In this study, the BEP analysis shows that all samples have production above the break -even point, indicating that they not only cover costs but also benefit.
R/C Ratio Analysis
The R/C ratio analysis is another important method in evaluating the feasibility of the dairy goat business. The R/C ratio is the ratio of revenue to cost. In this study, the R/C ratio analysis shows that the R/C ratio is more than 1, indicating that every rupiah incurred for operational costs generates revenues of more than one rupiah.
Conclusion
Overall, the Etawah Peranakan goat milk business in Suka Maju Village, Binjai Barat District, Binjai City has proven to be worthy of being managed. With high income potential and relatively low costs, this business can provide economic benefits for farmers. Therefore, further development in this sector is highly recommended to improve the welfare of the community in the area.
Recommendations
Based on the findings of this study, the following recommendations are made:
- Further Development: Further development in the dairy goat farming business is highly recommended to improve the welfare of the community in the area.
- Training and Capacity Building: Training and capacity building programs should be conducted to improve the skills and knowledge of farmers in the dairy goat farming business.
- Marketing and Promotion: Marketing and promotion efforts should be made to increase the demand for Etawah Peranakan goat milk and to create a market for the product.
- Infrastructure Development: Infrastructure development such as roads, storage facilities, and processing plants should be improved to support the growth of the dairy goat farming business.
Limitations of the Study
This study has several limitations. Firstly, the study was conducted in a specific location, Suka Maju Village, Binjai Barat District, Binjai City, and the findings may not be generalizable to other locations. Secondly, the study only analyzed the feasibility of the dairy goat farming business and did not consider other factors that may affect the business.
Future Research Directions
Future research should focus on the following areas:
- Economic Impact: The economic impact of the dairy goat farming business on the community should be studied.
- Social Impact: The social impact of the dairy goat farming business on the community should be studied.
- Environmental Impact: The environmental impact of the dairy goat farming business should be studied.
- Policy and Regulation: The policy and regulation framework for the dairy goat farming business should be studied.
Conclusion
In conclusion, this study has shown that the Etawah Peranakan goat milk business in Suka Maju Village, Binjai Barat District, Binjai City is feasible and has high income potential. The study recommends further development in this sector to improve the welfare of the community in the area.
Q&A: Analysis of the Feasibility of Etawah Peranakan Goat Milk in Suka Maju Village, Binjai Barat District, Binjai City
Introduction
In our previous article, we analyzed the feasibility of Etawah Peranakan goat milk in Suka Maju Village, Binjai Barat District, Binjai City. In this article, we will answer some of the frequently asked questions related to the study.
Q: What is the main purpose of this study?
A: The main purpose of this study is to determine the income generated from the dairy goat business in the study area and to evaluate the feasibility of the dairy goat business managed in Kelurahan Suka Maju, West Binjai District, Binjai City.
Q: What is the research methodology used in this study?
A: The research methodology used in this study is a purposive method for determining the research area and a census method for determining the samples. The financial approach is used to analyze the amount of income from dairy goats, and the Break Even Point (BEP) and R/C Ratio analysis are used to evaluate the feasibility of the livestock business.
Q: What are the results of the study?
A: The results of the study show that the average total revenue of the dairy goat farming business in Suka Maju Village is Rp 23,478,477, with an average total cost of Rp 4,087,773. The average revenue obtained is Rp. 27,566,250. Based on the feasibility analysis carried out, the dairy goat farming business is declared feasible to be managed by all samples involved.
Q: What are the factors that affect the feasibility of the dairy goat business?
A: The factors that affect the feasibility of the dairy goat business include the total income earned from the sale of goat milk, the cost aspect, and the Break Even Point (BEP) and R/C Ratio analysis.
Q: What is the Break Even Point (BEP) analysis?
A: The Break Even Point (BEP) analysis is a crucial step in evaluating the feasibility of the dairy goat business. The BEP is the point at which the total income equals the total cost. In this study, the BEP analysis shows that all samples have production above the break -even point, indicating that they not only cover costs but also benefit.
Q: What is the R/C Ratio analysis?
A: The R/C ratio analysis is another important method in evaluating the feasibility of the dairy goat business. The R/C ratio is the ratio of revenue to cost. In this study, the R/C ratio analysis shows that the R/C ratio is more than 1, indicating that every rupiah incurred for operational costs generates revenues of more than one rupiah.
Q: What are the recommendations of the study?
A: The recommendations of the study include further development in the dairy goat farming business, training and capacity building programs for farmers, marketing and promotion efforts to increase the demand for Etawah Peranakan goat milk, and infrastructure development such as roads, storage facilities, and processing plants.
Q: What are the limitations of the study?
A: The limitations of the study include the fact that it was conducted in a specific location, Suka Maju Village, Binjai Barat District, Binjai City, and the findings may not be generalizable to other locations. The study only analyzed the feasibility of the dairy goat farming business and did not consider other factors that may affect the business.
Q: What are the future research directions?
A: The future research directions include studying the economic impact of the dairy goat farming business on the community, studying the social impact of the dairy goat farming business on the community, studying the environmental impact of the dairy goat farming business, and studying the policy and regulation framework for the dairy goat farming business.
Conclusion
In conclusion, this Q&A article has provided answers to some of the frequently asked questions related to the analysis of the feasibility of Etawah Peranakan goat milk in Suka Maju Village, Binjai Barat District, Binjai City. We hope that this article has provided valuable information to readers and has helped to clarify any doubts they may have had about the study.