FEASIBILITY SIMULATION OF EEL (Monopterus albus) CULTIVATION IN CLEAR WATER

Abstract

Before undertaking the cultivation of eel (Monopterus albus) in clear water to obtain optimal results, it is necessary to conduct a business feasibility analysis simulation study. This study aims to determine the feasibility analysis simulation of eel cultivation in clear water as an illustration to start aquaculture business. The method used in this study is a literature review or library research, where the data collection method is entirely with secondary data or literature study. Secondary data is collected by reviewing from references in the form of journals, books and online articles that are still related. The calculation of business feasibility analysis is carried out by calculating investment costs, fixed costs, variable costs, calculating production costs, revenues, R/C Ratio and PBP. The results of the calculation of the business feasibility simulation show that the production cost is Rp. 12,921,000/year, revenue of Rp. 25,350,000/year, a profit of Rp. 21,043,000, R/C Ratio of 1.6 and PBP (Payback Period) of 0.008 where the investment capital for eel cultivation will return in less than 1 year. Therefore, the eel cultivation business in the first quarter of 2022 can be said to be profitable and feasible.