A Feasibility Study on Building Renovation and Implementation of Solvent Extraction Machine and Spray Dryer in Semi-Industrial Scale (A Case Study of One Factory)
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Abstract
The aim of this study is to analyze the feasibility of Building Renovation and Implementation of Solvent Extraction Machine and Spray Dryer in Semi-Industrial Scale. The results of the study are determined for decision making process. The results indicated that the projected revenue would be 2,712,000 baht in the first year which would be from solvent extraction service 1,800,000 baht and from spray dying service 912,000 baht. The total revenue will be equal to 8,136,000 at tenth year. The profit will be equal to 59,500 baht at the first year after subtract the fixed costs, variable costs, and depreciation costs. At tenth year, the profit would reach to 2,850,900 baht. The results also showed that the base-case scenario, the pay-back period would be at 9 years and 2 months, the best-case scenario would be at 7 years and 2 months and the worse-case scenario would be at 11 years 1 month.
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