| dc.description.abstract | The livestock sector encourages the growth of a
populist economy to increase the income and welfare
of the community, especially the livestock
community. The sheep farming business is in great
demand by investors, but so far, no investment
assessment analysis has been carried out on the
project's feasibility. This study aims to assess
whether the project to establish a new sheep farming
business in Jember Regency is feasible. This study
uses 6 investment assessment criteria, namely
Payback Period (PP), discounted payback period
(DPP), Net Present Value (NPV), Internal Rate of
Return (IRR), Modified Internal Rate of Return
(MIRR), and Profitability Index (PI). Based on the
investment assessment criteria, the payback period
and discounted payback period are 6.17 years and
9.40 years or under the investment age (10 years).
The NPV value is Rp. 217,369,579.67 or more than
zero. The IRR and MIRR values are 12.58% and
11.10% or above the 9% interest rate. Meanwhile, the
Profitability Index value is also greater than 1 or
1.38. So based on the six investment evaluation
criteria that have been carried out, it can be said that
establishing a new sheep farming business in Jember
Regency is feasible | en_US |
