Hayami method application: A value-added analysis of rice crackers industry in ex-residency of Madiun

Abstract

This study aimed to determine the value-added of rice processing into rice crackers in the Ex-Residency of Madiun, East Java. Three areas (Ponorogo Regency, Magetan Regency, and Madiun City) well-known as rice crackers producers were chosen as the locations. The sample in this study was selected purposively. The result shows that the average value-added per raw material was Rp 2,210.57/kg with an average of 946.67 kg/month for raw material used. Using the Hayami method, the average value-added was Rp 14,206.33 per working hour. Rice crackers SMEs are advised to continue to improve efficiency, especially in terms of cost and the use of raw materials to further increase the value-added.