Feasibility Analysis of Plant factory Development For The Cultivation Business of Pagoda Mustard (Brassica Narinosa L.)
Keywords:
feasibility analisis; financial aspects; hydroponics; plant factory; pagoda mustardAbstract
Pagoda Mustard (Brassica narinosa L.) is a vegetable that holds significant economic importance and is packed with health-enhancing nutrients. Nevertheless, its cultivation in Indonesia lacks optimization due to reliance on traditional farming techniques. A potential solution lies in adopting a plant factory system, which allows for meticulous management of growth conditions, thus possibly enhancing both the yield and quality of the crops. The goal of this research is to assess the viability of establishing a plant factory for growing pagoda mustard by taking into account factors such as, environmental technical practices, and financial viability. The analysis utilized indicators like Cost of Production (COP), Break Even Point (BEP), Net Present Value (NPV), Internal Rate of Return (IRR), Benefit-Cost Ratio (B/C), and Net B/C Ratio. The research method involved conducting a direct experiment at the Agricultural Environmental Conservation Engineering Laboratory at the University of Mataram. The parameters measured included the number of leaves, plant height, root length, fresh weight, canopy area, temperature, humidity, and light intensity.The findings from this research demonstrate that establishing a plant factory is viable from various angles, including technical, environmental, and financial aspects, with an and a COP of IDR. 47.036/kg, a BEP of 198.032 kg/thn, NPV of IDR. 924.36, an IRR of 56,8%, and Gross of B/C ratio 1.17, and Net of B/C ratio 2.7. Consequently, the plant factory emerges as a valuable sustainable option for modern agricultural enterprises.