METHOD 1 Collecting data method
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407 Therefore, it is very necessary to build black bamboo stands in the form of plantation or
cultivation for the continuous feedstocks supply. A black bamboo plantation or cultivation can provide guaranteed supply of raw materials in terms of availability, quality, and continuity
of supply in the long term. The continuity of availability of bamboo in the market with good quality can support the development of bamboo processing industry to produce high quality
products and low productions cost, because there are no risk in bamboo availability for production. Aside from being a source of raw materials, black bamboo plantation is also
useful in conserving the nature. As mentioned above, bamboo can be adapted to grow on marginal land. More bamboo grow on marginal land, the more marginal land is turned into
green. Bamboo plantation has a great potential to be developed in Indonesia. Bamboo has good level
of adaptation, even in marginal land. The informations about the economic benefits of bamboo cultivationplantation project are very rare. Bamboos are still considered as plants
that can grow on its own without being planted. Whereas, bamboos is one of the high valueable economic resources for society. Everything related to the welfare of human beings
should be treated well. So the initiation to plant bamboo in the form of plantation is the right step. This paper will explain the economic feasibility of planting black bamboo in the form of
plantation. The objective of this paper is to assess and analyze the economic feasibility of black bamboo
plantation based on investment criteria namely NPV, Net BC, IRR and payback period.
2. METHOD 2.1 Collecting data method
The data used is secondary data from Sutiyono 2014 about the cultivation of bamboo. Data bamboo used is the cost and income from the cultivation of Black Bamboo species. The data
used is the result of research on a company PT. XYZ as the request of the company name disguised that cultivate bamboos in Terbanggi Besar Village, Sub-District of Sumberjaya,
District of Lampung Tengah, Province of Lampung, Indonesia.
2.2 Analyzing data method 2.2.1 Benefit cost component
Analysis was conducted by classifying the data into costs and benefits. Component costs inlcude initial investment costs, fixed costs, and operational costs. The initial investment cost
is the cost incurred in the first year of project, which are relatively large and cannot be discharged in one production period. While the fixed costs are costs that are not affected by
changes in input and output generated on the cultivation of bamboo. While the variable costs are costs that are influenced by the course of the production process with regard to the
amount of inputs used and the output produced. The benefit of bamboo cultivation is around the conditions that encourage the achievement of
a business goal to obtain profit. The benefit includes the value of bamboo production and value of by-product.
2.2.2 Investment Criteria The investment criteria used in this analysis is based on Project Investment Criteria from
Gittinger 1984, they are:
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