HERBAL ANTIPYRETIC

Assignment 4
GROUP 2
Ayu Gayatri Sistiafi (1306447663)
Diana Christina (1306370902)
Getta Austin Mangiring (1306405364)
Nadia Tuada Afnan (1306413422)
Nadira Putri Pinasthika (1306370814)
Satria Pasthika (1306371041)

1.1
PLANT LOCATION

1.1 Plant Location

The factory is located on Jl.
Sidoluhur, Cemani, Sukoharjo city,
Jawa Tengah, with a land areaPlant
ofLocation
approximately 45.000 m2 (our plant
area is 1102,73 m2).
The factory is located on Jl.
Sidoluhur, Cemani, Sukoharjo city,
Jawa Tengah, with a land area of
approximately 45.000 m2 (our
plant area is 1102,73 m2).

1.1 Plant Location (cont)

Plant Location View (Jl. Sidoluhur,

Cemani, Sukoharjo city, Jawa Tengah)

1.1 Plant Location (cont)

The advantages of choosing this location are:
The location that is close to raw material suppliers.
Jawa Tengah, has the largest amount of Kaemferia
galanga and Alpinia galangal productivity, 10.100.291
kg/year for Kaemferia galanga and 18.305.869 kg/year for
Alpinia galangal (data from Kementrian Pertahanan
statistic website). One of cities with the largest
productivity in Jawa Tengah is Wonogiri.
The location can be designed as idustries area
concept which are environmental friendly, flood
free, far from peoples living area and ready to use.

1.2
SUPPLY CHAIN OF RAW MATERIAL

1.2.1 Distribution of Raw

Materials

Here is a table that shows two alternative

location of any supplier who will supply each
type of raw material.
Alternative supplier is used to anticipate an
urgent situation when the supplier cannot deliver
the raw materials, so the raw materials needed
will all be transferred from the other supplier.
The secondary supplier serves as a backup
supplier for the raw materials.

1.2.1 Distribution of Raw Materials:

Raw Material of Jatunnas
Material
Name
Alpinia
galanga
Kaempferi
a galanga
Brown
Sugar

Sum of
Material
Needs /Day
(kg)
531

531

177

1st Priority Supplier

Gerai Jamu Herbal Widya
Sari, Jln. Gajahan No. 7, RT
01 RW 03, Kel. Gajahan,
Kec. Pasar Kliwon (Solo)
Gerai Jamu Herbal Widya
Sari, Jln. Gajahan No. 7, RT
01 RW 03, Kel. Gajahan,
Kec. Pasar Kliwon (Solo)
UD Sari Bumi Raya, Kudus
(Jawa Tengah)

2nd Priority Supplier

Danira Herbal Shop Jl.
Nangka 2 No 26, Palur
(Solo)
Danira Herbal Shop Jl.
Nangka 2 No 26, Palur
(Solo)
PT Santosa Sumber
Berdikari Jl. Raya
Banjarnegara (Jawa
Tengah)
PT Indo Aciditama

1.2.1 Distribution of Raw Materials:

Packaging Material of Jatunnas
Material
Name

Sum of
Material
Needs/Day
(Units)

Foil Bag

39280
(sachets)

Carton
box for 5
sachet

7856 (pcs)

Carton

Supplier
Grosir Barang
Indonesia
Ruko Tambak Mas
4
Yogyakarta 55182,
CV. Puja Box. KH.
Ali Maksum No.5
Rt.01 Pelemsewu
Panggungharjo,
Sewon, Bantul
CV. Puja Box. KH.
Ali Maksum No.5

1.2.1 Distribution of Raw

Materials
(cont)
Distance between raw material supplier & plant
location
Distance and Travel Time
Material Name

1st Priority
Supplier

2nd Priority
Supplier
8,7 km; 19
Alpinia galanga
2,9 km; 8 minutes
minutes
Kaempferia
8,7 km; 19
2,9 km; 8 minutes
galanga
minutes
150 km; 4,5
Brown
Sugar
107
km;
3,3
hours
Distance between packaging material supplier
&
hours
13,4 km; 25
Distance from
plant
Ethanol (Solvent)
12 km;location
25 minutes
Material Name
Supplierminutes
km; 2
Foil Bag4 km; 9 minutes
62,1 km; 1,572,9
hours
Salt
hours
Carton box for 5
66,8 km; 1,5 hours

1.2.2 Order Capacity

with

P : Purchase cost per unit

R : Annual usage in unit
C : Cost per order event
F : Holding cost factor

1.2.2 Order Capacity

EOQ and Order Capacity for Each Raw Material
Raw
Material
Alpinia
Galanga
Kaempferi
a Galanga
Ethanol
(solvent)
Brown
Sugar
Salt

Quantity
Needed/
day

Quantity
Needed/
year

Bases

Purchase
Cost
(Rp/kg)

Ordering
Cost
(Rp/year)

Order
Time
(day)

EOQ

Safety
stock

Order
size

531

159,300

500

8,500

1,650,000

24,869

80

24949

531

159,300

500

9,000

1,650,000

24,169

80

24249

1958,4

587,520

1.000

20,500

6,600,000

61,507

294

61801

177

53,100

100

10,000

49,500,000

72,505

27

72532

17,7

5,310

10

11,500

1,650,000

3,904

3907

1.2.2 Order Capacity

EOQ and Order Capacity for Packaging Material
Packaging
Material

Quantity
Needed/
day

Quantity
Needed/
year

Foil Bag

39,280

Carton Box
(small)
Carton Box
(large)

Bases

Purchase
Cost
(Rp/kg)

Ordering
Cost
(Rp/unit)

Order
Time
(day)

EOQ

Safety
stock

Order
size

11,784,000

3,000

400

33,000,000

4,409,490

5,892

4,415,382

7,856

2,356,800

100

300

19,800,000

1,763,796

1,178

1,764,975

78.56

23,568

12,000

3,500

19,800,000

51,639

12

51,651

1.2.2 Order Capacity

Raw Material and Packaging Material Cost
Raw Material
Alpinia
Galanga
Kaempferia
Galanga
Ethanol
(solvent)
Brown Sugar
Salt
Foil Bag
CartonBox
(small)
Carton Box
(large)

Order
Time
(day)

Quantity
Needed/da Unit
y

Purchase
Ordering Cost
Cost (Rp/kg)
(Rp/day)

Price and Order Price

(Rp/day)

531

kg

8,500

5,000

2,660,000

531

kg

9,000

5,000

2,660,000

1,958.4

kg

20,500

20,000

39,188,000

1
1
1

177
17.7
39,280

kg
kg
items

10,000
11,500
400

150,000
5,000
100,000

26,700,000
93,500
3,928,100,000

7,856

items

300

60,000

471,420,000

78.56

items

3,500

60,000

4,773,600

Total Raw Material Cost per Day (Rp)

Total Raw Material Cost Anually (Rp)

4,475,595,100
1,476,946,383,000

1.2.3 Inventory of Raw

Material
To control the stock of raw material,
we need to make a schedule for
ordering the raw material

Raw
Material

Schedul
e

Ordering
Receipt
Kaempferi Ordering
a Galanga Receipt
Ordering
Ethanol
Receipt
(solvent)
Ordering
Brown
Receipt
Sugar
Ordering
Receipt
Salt
Ordering
Receipt
Foil Bag
Carton Box Ordering
Receipt
(small)
Carton Box Ordering
Receipt
(large)
Alpinia
Galanga

Januari
1

Februari
5

Maret
4

April
4

Mei
4

Juni
4

Raw
Material

Juli

Schedule

Agustus

September

Oktober

November

Desember

1 2 3 4 5 1 2 3 4 1 2 3 4 1 2 3 4 5 1 2 3 4 1 2 3 4

Alpinia
Galanga

Ordering

Receipt

Kaempferia
Galanga

Ordering

Receipt

Ethanol
(solvent)

Ordering

Receipt

Brown
Sugar

Ordering

Receipt

Ordering

Receipt

Ordering

Receipt

Ordering

Salt
Foil Bag
Carton Box
(small)

 Alpinia galangal and Kaempferia galangal are

ordered and receipted every week, because it is
very important to keep the stock of them since
theyre the main ingredients and it has to be fresh
We order brown sugar two until three times in a
month because brown sugar are last longer than
Alpinia galangal and Kaempferia galangal.
The rest of the raw material, like salt, foil bag,
small carton box and big carton box, are ordered
once in a month. Because, beside salt, we dont
need it fresh, and it is going to be used for
packaging, not as the main ingredients.

1.3
PRODUCT DISTRIBUTION

1.3 Product Distribution

To distribute Jatunnas we choose several area
The area that we choose is the area that have
Distribution Center to several wholesaler
Distribution center (DC) is needed since our
daily production will be distributed all over big
cities in Indonesia
Some wholesalers/retailers that we choose are
located in strategic locations can be seen in

1.3.1 Wholesaler/retailer with DC

location
Wholesaler

DC Location

Store
Location

Hypermart

Tangerang

From the DC spread

across
cities
in
Indonesia

Lion (Superindo)

Semarang
Bandung
Cibitung
Surabaya

From the DC spread

across
cities
in
Indonesia

Giant
Kimia Farma
Century

Cibitung
Bandung
Semarang
Surabaya
Jogjakarta
Sidoarjo
Jakarta

From the
across
Indonesia
From the
across
Indonesia
From the
across
Indonesia
From the

DC spread
cities
in
DC spread
cities
in
DC spread
cities
in
DC spread

Based on the characteristic area such as people

density and wholesaler that has a relative large of
wholesaler/retailer number. We divide the percent of
distribution like in the table below:
Distribution
Center Location
Cibitung
Bandung
Tangerang
Surabaya
Semarang
Jogjakarta
Sidoarjo
Jakarta

Percentage

Package

10%
15%
15%
10%
10%
15%
10%
15%

3928.7
5893.05
5893.05
3928.7
3928.7
5893.05
3928.7
5893.05

1.3.2 Distribution Lines

From the distribution location we can simplify the
area to make the distribution line more effective
Area 1 : Jabodetabek such as Jakarta, Cibitung,
Tangerang include Bandung
Area 2 : Central Java such as Semarang and
Jogjakarta
Area 3 : East Java such as Surabaya and
Sidoarjo

Distribution Line

Distribution Distance
Distribution
Center
Area 1

Area 2
Area 3

Distribution
Center
Tangerang

Total Distance
Distance (Km)
(Km)
570

Jakarta

25

Cibitung

39

Bandung

124

Semarang

100

Yogjakarta

120

Surabaya

270

Sidoarjo

28

1248

1.4
PRODUCT INVENTORY MANAGEMENT

Types of Inventory
Raw Material

Maintenance,
Repair, and
Operating

(MRO)

Work-In-Process

Product

1.5 MARKETING STRATEGY

Target Determination
Targeted to customers who are:
Suitable to consume it
Able to afford it
Fitting to companys capability to produce as
well as distribute the products

Market segmentation is required to

determine the customers that satisfy
those requirements.

Market Segmentation
Define and subdivide a large,
homogenous market into clearly
identifiable segments with similar
demands.
Demographical: customers above 5yo
Affordability: all social classes
Geographical: manufactured throughout
Java

Promotion Strategy
Advertisement reaching out to audience
through media such as newspapers,
magazines, television, radio, and social media
Discounts attracting customers with an offer
of lower price for more benefits, i.e. buy-3-get1 discount
Website provide official, complete product
information and act as a tool to connect
customers and the company

2.1 TOTAL CAPITAL

INVESTMENT

Cost Index (Marshall &

Swift)
M&S
2000
1500
1000
Index
500
0
2002
Year
2002
2003
2004
2005
2006
2007
2008
2009

f(x) = 61.03x - 121112.01

R = 0.99
2004

M&S
1104,2
1123,6
1178,5
1244,5
1302,3
1373,3
1449,3
1468,6

2006

2008

Year
2010
Year
2010
2011
2012
2013
2014
2015
2016
2017

M&S
1550,26
1611,286
1672,312
1733,338
1794,364
1855,39
1916,416
1977,44
2

Total Equipment Cost in

2017
Price in 2016
No. of
Equipment Equipme
USD
Rp
nt
Washing
Machine
Grinding
Machine
Extractor
Machine
Steamjacketed
Mixing Vessel
Sachet-filling
Machine
Box-packing
Machine

1
2
1
1
1
1

Price in 2017
USD

Rp

Total Price

1031,84381 13708045,1 13708045,

7
1
11
2992,34706 39753330,8 79506661,
2900 38526500
9
1
62
1547,76572 20562067,6 20562067,
1500 19927500
5
6
66
1000 13285000

4000 53140000

4127,37526 54832180,4 54832180,

7
2
42

4436,92841 58944593,9 58944593,

2
6
96
33743900 26208,8329 348184345, 348184345
25400
0
5
7
,7
4300 57125500

Bare Module Factors

Equipment
Agitator
Furnaces and directfired heaters, shopfabricated
Furnaces and directfired heaters, fieldfabricated
Shell-and-tube heat
exchangers
Double-pipe heat
exchangers
Fin-tube air coolers
Vertical pressure
vessels
Horizontal pressure
vessels
Pumps and dricers

Bare-module
Factor
2,56
2,19
1,86
3,17
1,8
2,17
4,16
3,05
3,3

Equipment

Bare-module
Factor

Centrifuges
Horizontal conveyors
Bucket conveyors
Crushers
Mills
Crystallizers
Dryers
Evaporators
Filters
Flakers
Screens

2,03
1,61
1,74
1,39
2,3
2,06
2,06
2,45
2,32
2,05
1,73

AVERAGE MODULE
FACTORS

2,2795

Total Bare-Module Cost

Equipment
Washing
Machine
Grinding
Machine
Extractor
Machine
Steam-jacketed
Mixing Vessel
Sachet-filling
Machine
Box-packing
Machine

Total Price

Module
Assumption

Module
Factors

Total Bare
Module Cost

13708045,11

Average Module
Factor

2,2795

31247488,82

79506661,62

Mills

2,3

182865321,7

20562067,66

Average Module
Factor

2,2795

46871233,23

54832180,42

Agitator

2,56

140370381,9

2,2795

134364201,9

2,2795

793686216

Average Module
Factor
Average Module
348184345,7
Factor
58944593,96

TOTAL BARE-MODULE COST

Rp
1.329.404.844

Metode Modular Guthrie

ITEM
TBM
Site
Building
Offsite facilities
Contingency
Contractor
Total

%TBM

15%
10%
5%
15%
3%

PRICE
Rp 1.329.404.843,58
Rp
199.410.726,54
Rp
132.940.484,36
Rp
66.470.242,18
Rp
199.410.726,54
Rp
39.882.145,31
Rp 2.321.672.618,83

Service Facilities Cost

Equipment
Air Conditioners
Stand Type

Brand
Samsung
AR10HVSDBWKN

Back Up Generator

NP Gasoline Generator
[NP7800 / 5500W]

CCTV
Company
Computers
Neon Lamps
Office Chairs

Infinity CCTV (DS-330)

Lenovo PC All In One
C260 - A8508 Intel Proc
J1800
PHILIPS 6x Incandescent
Classictone Superlux
Lamp 25W E27
HIGH POINT Office Chairs
[BK-24]

Qty

Price

Total Price

10

2500000

25000000

7000000

14000000

10

600000

6000000

20

4200000

84000000

20

15000

300000

20

600000

12000000

Service Facilities Cost

Equipment

Brand

Qty

Price

Total Price

Air Conditioners
Stand Type

HIGH POINT Office Desks

[OD-302]

20

1000000

20000000

Printer and
Scanner

PANTUM Printer [M6000]

1400000

2800000

Telephones

Panasonic Single Line

KX-TS500 Telephone

10

120000

1200000

Toilet Sets

Vitara VTR.70A

2000000

8000000

Toiletries

Aveda Toiletries
Packages

400000

1600000

Truck

Gran Max Box Daihatsu

90000000 90000000

Service Facilities Cost

Equipment

Brand

Qty

Price

Total Price

Water Installation

PAM

2500000

2500000

1000000
0

10000000

Telkom

500000

500000

First Media

500000

500000

Hydrant and Fire

Alarm Installation
Communication
Installation
Internet Network
Installation

TOTAL SERVICE FACILITIES COST

Rp
278.400.00
0

Land and Building Cost

Plant

Total Area

Building

275,25

Rp 600.000 Rp 165.150.000

Land

1102,75

Rp 650.000 Rp 716.787.500

Total

Price/m2

Total Price

Rp
881.937.500

Total Direct Cost

Item

Price

Equipment FOB
Equipment install
Instrumentation
Piping
Electrical
Building
Yard improvement
Service facilities
Land

Rp 1.329.404.844
Rp 232.167.261,9
Rp 116.083.630,9
Rp 232.167.261,9
Rp 116.083.630,9
Rp 1.651.500.000
Rp 69.650.178,56
Rp 278.400.000
Rp 716.787.500

TOTAL DIRECT COST

% TCI Metode
Guthrie

10%
5%
10%
5%

3%

Rp 4.742.244.308,21

Total Indirect Cost

Item
Engineering and
Supervision
Construction expense
Contractor's fee
Contingency

Price

% TCI Metode
Guthrie

Rp 70.286.951,44

4%

Rp 70.286.951,44
Rp 35.143.475,72
Rp 87.858.689,30

4%
2%
5%
Rp
263.576.067,90

TOTAL INDIRECT COST

Total Capital Investment

DIRECT

TOTAL FIXED CAPITAL

Rp 4.742.244.308

INDIRECT
TOTAL

Rp 263.576.068
Rp 5.005.820.376

TOTAL WORKING CAPITAL

TOTAL FIXED CAPITAL
%
Rp 5.005.820.376

10+5

TOTAL

Rp 750.873.056

TOTAL CAPITAL INVESTMENT

FIXED CAPITAL
Rp 5.005.820.376
WORKING CAPITAL
Rp 750.873.056

TOTAL CAPITAL
INVESTMENT

Rp 5.756.693.433

2.2
OPERATIONAL COST

2.2.1 Raw Material Cost

Direct material cost include the cost
of fresh Kaempferia galanga, Alpinia
galanga, brown sugar, salt, ethanol for solvent
extraction, foil bag, and carton box.
Total annual cost Rp 23,151,895,800.

2.2.1 Raw Material Cost

(cont)

List of Raw Material Price and Delivery Cost

No

Raw
Material

Alpinia
galanga
Kaempferi
2
a galanga
Brown
3
Sugar
Ethanol
4
(Solvent)
1

5 Salt

Quantit
y
Uni
needed/
t
day

Price
/unit
(Rp)

Order
Cost/
Day
(Rp)

Price and
Order
Price/day
(Rp)

531

kg

Rp8.500 Rp5.000

Rp4.518.500

531

kg

Rp9.000 Rp5.000

Rp4.784.000

177

kg

1958

kg

18

kg

Rp10.00 Rp150.00
Rp1.920.000
0
0
Rp20.50
Rp20.000 Rp40.159.000
0
Rp11.50
Rp5.000
Rp212.000
0

2.2.1 Raw Material Cost

(cont)

List of Packaging Material Price and Delivery Cost

Quanti
Order
Price and
Packagi
Price/
N
ty
Cost/
Order
ng
Unit
unit
o
neede
Day
Price/day
Material
(Rp)
d / day
(Rp)
(Rp)
sach
Rp100.0
1 Foil Bag
39.280
Rp400
Rp 15.812.000
et
00
Carton
Rp60.00
2 Box
7.856
Box Rp300
Rp2.416.800
0
(small)
Carton
Rp60.00
3 Box
79
Box Rp3.500
Rp334.960
0
No
Material
Cost
(large)
Total annual
Rp17.025.855.00
Rp18.563.76
1
Raw
Material
Total raw
Rawand
Material Cost
per
Day
(Rupiah)
00
packaging
Packaging
Rp6.126.040.800,
Rp6.126.040.
2
Total Raw material Cost
Anually (Rupiah)

2.2.2 Cost of Direct Workers

Our basic consideration :
The
minimum
payment
is
determined by the data of UMR
(Regional minimum wage) 2015
from www.wageindicator.org.
The minimum payment value is Rp
1,396,000,000 at Sukoharjo

2.2.2 Cost of Direct Workers

(cont)
Qualification

Quantit Salary/Mon
y
th (Rp)

Operator for Process

Control
Field Operator
Supervisor
Labor

6
3
3
30

2.000.000
1.500.000
2.400.000
1.400.000

Total
Total of direct worker costs
Direct Workers
Cost
Fixed cost
Variable cost

Cost (Rp)
788.400.000
78.840.000

Total Salary/
Year (Rp)
144.000.000
54.000.000
86.400.000
504.000.000
867.240.000

2.2.3 Cost of Indirect

Workers
Department

Position

Presiden Director
Secretary of President Director
Vice President Director
General Supervisor
Finance Accounting Manager
Acounting Analyst
Finance
Budget &Planning Coord.
Department
Finance Specialist
Secretary
Supply Chain Management Manager
Transport Service
Security
Receptionist
General
Support and Cleaning Service
Service
Office Boy/Girl
Department Document Control&Reporting Coord.
Procurement & Contract Specialist

Salary/month
/person (Rp)
Rp12.000.000
Rp2.500.000
Rp9.000.000
Rp6.500.000
Rp6.000.000
Rp2.500.000
Rp2.500.000
Rp2.500.000
Rp2.000.000
Rp4.000.000
Rp1.700.000
Rp1.400.000
Rp1.400.000
Rp1.400.000
Rp1.400.000
Rp2.500.000
Rp3.000.000

Amoun
t
(person
)
1
1
1
1
1
1
1
1
1
1
5
6
2
5
5
1
1

Total (Rp)
Rp12.000.000
Rp2.500.000
Rp9.000.000
Rp6.500.000
Rp6.000.000
Rp2.500.000
Rp2.500.000
Rp2.500.000
Rp2.000.000
Rp4.000.000
Rp8.500.000
Rp8.400.000
Rp2.800.000
Rp7.000.000
Rp7.000.000
Rp2.500.000
Rp3.000.000

HRD
Department

Sales and
Marketing
Department

HSE
Department

Production
Department

HR Manager
HR Planning & Recruitment Coord.
Community Development

Rp4.000.000
Rp2.500.000
Rp2.500.000

1
1
1

Rp4.000.000
Rp2.500.000
Rp2.500.000

Communication Coord.

Rp2.500.000

Rp2.500.000

Marketing Manager
Customer Service Officer
Sales Coordinator
Sales/Promoter
Sales and Service Engineer
Market Researcher
HSE Manager
Safety Engineer
Environmental Engineer
Product Planning and Development
Manager
Product Promotion Staff
Survey Team
Product Distribution Control Staff
Packaging Design Staff
Supply Coordinator
Field Quality Control
Planning Engineer
Production Manager
Process Engineer
Supervisor
QA/QC Manager
QA/QC Staff
Total per Month
Total per Year

Rp5.500.000
Rp2.500.000
Rp2.500.000
Rp1.500.000
Rp2.500.000
Rp2.500.000
Rp4.000.000
Rp3.000.000
Rp3.000.000

1
2
1
3
1
1
1
1
1

Rp5.500.000
Rp5.000.000
Rp2.500.000
Rp4.500.000
Rp2.500.000
Rp2.500.000
Rp4.000.000
Rp3.000.000
Rp3.000.000

Rp4.000.000

Rp4.000.000

Rp3.000.000
Rp2.500.000
Rp2.500.000
Rp1.800.000
Rp3.000.000
Rp3.000.000
Rp5.500.000
Rp4.000.000
Rp3.000.000
Rp3.000.000
Rp4.000.000
Rp2.800.000

2
3
2
2
1
1
1
1
3
1
1
3

Rp6.000.000
Rp7.500.000
Rp5.000.000
Rp3.600.000
Rp3.000.000
Rp3.000.000
Rp5.500.000
Rp4.000.000
Rp9.000.000
Rp3.000.000
Rp4.000.000
Rp8.400.000
Rp205.700.000
Rp2.468.400.000

75

2.2.3 Cost of Indirect Workers

(cont):

Total of indirect worker costs

Indirect
Workers Cost
Fixed cost
Variable cost
Total

Cost (Rp)
2.468.400.000
246.840.000
2.715.240.000

2.2.4 Utility
Consideration based on newest PLN
electricity charge in 2016 :
The cost for each kWh spent is Rp
967,33 / kWh for industry
Total electricity cost is 209.0742
kWh for a year

2.2.4 Utility (cont):

Energy requirement of production process in one day
No
1
2
3
4
5
6
7

Main Equipment

Machine
time
Power
(h)
(kW)

Washing Machine
0,5
1,5
Grinding Machine
1
11
Extractor Machine
6
11,37
Grinding Machine (2)
1
11
Steam Jacketed
Pharmaceutical Mixing 0,75
0,55
Vessels
Automatic Liquid
3
1,4
Filling Machine Sachet
Cellophane Box
0,25
6,5
Packing Machine
Total Cost/day (Rp)

Total
Power
/Batch
(kWh)
2,5875
37,95
235,359
37,95

Cost per Batch

(Rp)
Rp2.502,97
Rp36.710,17
Rp227.669,82
Rp36.710,17

1,423125

Rp1.376,63

14,49

Rp14.016,61

5,60625

Rp5.423,09

Rp973.228,42

2.2.4 Utility (cont):

Electrical expenses for plant lightning & water expenses
Cost Type for
lighting
Production area
Office building area
Storage room area (Raw
material and Product)
Musholla
Canteen
Parking area
Waste and Utility area

Quantities
(kWh)
1
0,5

Use Periode/ day

(hour)
24
13

0,3

13

0,3
1
1
1
Total per day
Total per year
Water needs
L/day
Process
172,302
Gowning room water
4000
consumption
Employee
1765
Cleaning in place Equipment
500

6
5
12
13

Cost/day (Rp)
23.216
6.288
3.773

m3/year
56,85966

1.741
4.837
11.608
12.575
64.037
21.132.291
Rp/year
Rp
770.448,39

1320

Rp 17.886.000,00

582,45
165

Rp 7.892.197,50
Rp 2.235.750,00

2.2.4 Utility (cont):

Energy requirement of supporting equipment electricity
No
1
2
3
4
5
6
7
8
9
10

Main Equipment

Qty.

Machine
Power
Load
0,018
0,5

time
(h)

Total
Power /
Day (kWh)
0,324
22,5

Faximile Machine
2
9
Fotocopy+Scanner+
5
9
Printer Machine
Dispenser
10
0,5
9
45
Neon Lamp
100
0,036
24
86,4
UV Lamp
10
0,4
0,5
2
Computer
40
1
9
360
Television
5
0,11
24
13,2
Air Conditioner (1 pk)
8
0,8
9
57,6
Air Conditioner (2 pk)
12
1,8
9
194,4
CCTV
20
0,0084
24
4,032
Total Cost for Supporting Equipments/day (Rp)
Total Cost for Supporting Equipments/year (Rp)

Cost / Day
Rp313,41
Rp21.764,93
Rp43.529,85
Rp83.577,31
Rp1.934,66
Rp348.238,80
Rp12.768,76
Rp55.718,21
Rp188.048,95
Rp3.900,27
Rp380.946,16
Rp125.712.232,
80

2.2.4 Utility (cont):

Total cost of utility

Cost Type
Production Electricity

Price (Rp)
321.165.377

Plant Lightning

21.132.291

Water

28.784.396

Supporting Equipment
Total

321.165.377
371.082.064

2.2.5 Insurance

Insurance

Percentage
(%)

Source

Price of Source Price of Insurance

(Rp)

(Rp)

Type
37,210,800

Worker

Worker's salary
Cost of

3,721,080,000

Plant

Equipment

1,329,404,844 66,470,242

Total Insurance (Rp)

103,681,042

2.2.6 Distribution Cost

20-feet Container
capacity: 396000
sachets

(contd)

Mid-Box Truck
capacity: 196000
sachets
Area

2
3

Total
2 weeks%
Distribution Sachet
Vehicle
Production Distributio
per area
/Area
Amount
(sachet)
n
(%)
15
15
55
300300 0,7583 1
10
15
546000
10
25
136500 0,6964 1
15
10
20
109200 0,5571 1

Type of
Vehicle
20 feet
container
Mid-Box
Truck
Mid-Box
Truck

(contd)

Parking and

Distanc Transpo
Distribution Cost
Unpredictable
e (km) r-tation
Cost
Plant-Tangerang

570

Rp

200.000

Tangerang-Jakarta

25

Rp

50.000

Jakarta-Cibitung

39

Rp

50.000

Rp

75.000

Area 1

container

Area 2

Area 3

Cibitung-Bandung

124

Plant-Semarang

100

Rp

75.000

SemarangYogjakarta

120

Mid-Box
Truck

Rp

75.000

Plant-Surabaya

270

Rp

150.000

Mid-Box

Total Fuel Containe

Total Price
(Rp)
r Rent (Rp/week)
1L/12Km
Cost
Rp
244.625
Rp
10.729
Rp
Rp
3.000.000 3.700.308
Rp
16.738
Rp
53.217
Rp
42.917
Rp
Rp
Rp
2.150.000 2.394.417
51.500
Rp
115.875
Rp
Rp
Rp
2.150.000 2.477.892

2.2.7 Marketing Cost

Divided into several segmentations
of potential customers
Market segmentation divides
customers based on geographic,
demographic, psychographic, and
Demograp
behavior aspect
General
hy

Adult
Women

(contd)

Type of
Marketing
Newspaper
Woman
magz
Web-Ad
Area 1
Area 2
Area 3

Quantity

Price

Total Price

Print Media
Rp 28.000.000

Rp 28.000.000

Rp 22.000.000

Rp 22.000.000

1
3
5
5
Total

Online Media
Rp 1.500.000
Exhibition
Rp 5.000.000
Rp 1.000.000
Rp 2.000.000

Rp

1.500.000

Rp 15.000.000
Rp 5.000.000
Rp 10.000.000
Rp 81.500.000
Marketing Cost
Print
Media
(Brosure,
Magazine, Banner)
Online Media (Website)
Exibition (Registration, Stand)
Total Marketing Cost (1 year)

Price (Rp)
50,000,000
1,500,000
30,000,000
81,500,000

2.2.8 Maintenance
No

Type

Total
Equipments

Building

Percentag

Maintenance

e (%)

Cost (Rp)

1,329,404,844

1%

13,294,048

165.150.000

1%

1.651.500

Cost (Rp)

Total (Rp)

Rp

14.945.548

2.2.9 Operating Supplies

This expense includes instrument charts,
computer paper, printer ink, stationary,
and etc. Company records for similar
operations are the best source of
information. For new operations, a
reasonable estimate might be 57% of the

operating labor.

2.2.10 Total Operational Cost in a Year

Type
Raw
Material

Price (Rp)
Rp

23.151.895.800

Direct Labor Rp

926.640.000

Indirect
Labor

Rp

2.794.440.000

Utility

Rp

156.971.813

Insurance

Rp

103.681.042

Distribution

Rp

205.742.800

Marketing

Rp

81.500.000

Maintenance Rp

14.623.453

Operating
Supplies

Rp

64.864.800

Total
Operational
Cost

Rp

27.500.359.708

2.3.
DEPRECIATION

2.3. Depreciation
Depreciation of Main Equipments
1

No

Main
Equipment

Price
(Rupiah)

SV

SV

SV

SV

SV

Washing
Machine

13.708.045

1.370.805

12.337.241

1.233.724

11.103.517

1.110.352

9.993.165

999.316

8.993.848

899.385

8.094.4
64

Grinding
Machine

79.506.662

7.950.666

71.555.995

7.155.600

64.400.396

6.440.040

57.960.356

5.796.036

52.164.321

5.216.432

46.947.
889

Extractor
Machine

20.562.068

2.056.207

18.505.861

1.850.586

16.655.275

1.665.527

14.989.747

1.498.975

13.490.773

1.349.077

12.141.
695

Steamjacketed
Mixing Vessel

54.832.180

5.483.218

49.348.962

4.934.896

44.414.066

4.441.407

39.972.660

3.997.266

35.975.394

3.597.539

32.377.
854

Sachet-filling
Machine

58.944.594

5.894.459

53.050.135

5.305.013

47.745.121

4.774.512

42.970.609

4.297.061

38.673.548

3.867.355

34.806.
193

Box-packing
Machine

348.184.346

34.818.435

313.365.91
282.029.32
31.336.591
1
0

28.202.932

253.826.388 25.382.639

228.443.74
9

22.844.37
5

205.59
9.374

57.573.789

51.816.411

46.634.769

41.971.293

Total Depreciation per year

37.774.16
3

2.3. Depreciation
Depreciation of Main Equipments
6

10

No

Main Equipment

Price
(Rupiah)

SV

SV

SV

SV

SV

Washing Machine

13.708.045

809.446

7.285.017

728.502

6.556.515

655.652

5.900.864

590.086

5.310.778

531.078

4.779.700

Grinding Machine

79.506.662

4.694.789

42.253.100

4.225.310

38.027.790

3.802.779

34.225.011

3.422.501

30.802.510

3.080.251

27.722.259

Extractor Machine

20.562.068

1.214.170

10.927.526

1.092.753

9.834.773

983.477

8.851.296

885.130

7.966.166

796.617

7.169.550

Steam-jacketed
Mixing Vessel

54.832.180

3.237.785

29.140.069

2.914.007

26.226.062

2.622.606

23.603.456

2.360.346

21.243.110

2.124.311

19.118.799

Sachet-filling
Machine

58.944.594

3.480.619

31.325.574

3.132.557

28.193.017

2.819.302

25.373.715

2.537.371

22.836.343

2.283.634

20.552.709

Box-packing
Machine

348.184.346

20.559.937

185.039.437

18.503.944

166.535.493

16.653.549

149.881.944

14.988.194

134.893.749

13.489.375

121.404.375

Total Depreciation per year

33.996.747

Total Salvage Value

200.747.391

30.597.072

27.537.365

24.783.629

22.305.266

2.3. Depreciation
Depreciation of Supporting Equipments
No

Supporting Equipment

Price (Rupiah)

Air Conditioners Stand Type

2
3
4

SV

SV

SV

SV

SV

25.000.000

2.500.000

22.500.000

2.250.000

20.250.000

2.025.000

18.225.000

1.822.500

16.402.500

1.640.250

14.762.250

Back Up Generator

14.000.000

1.400.000

12.600.000

1.260.000

11.340.000

1.134.000

10.206.000

1.020.600

9.185.400

918.540

8.266.860

CCTV

6.000.000

600.000

5.400.000

540.000

4.860.000

486.000

4.374.000

437.400

3.936.600

393.660

3.542.940

Company Computers

84.000.000

8.400.000

75.600.000

7.560.000

68.040.000

6.804.000

61.236.000

6.123.600

55.112.400

5.511.240

49.601.160

Neon Lamps

300.000

30.000

270.000

27.000

243.000

24.300

218.700

21.870

196.830

19.683

177.147

Office Chairs

12.000.000

1.200.000

10.800.000

1.080.000

9.720.000

972.000

8.748.000

874.800

7.873.200

787.320

7.085.880

Office Desks

20.000.000

2.000.000

18.000.000

1.800.000

16.200.000

1.620.000

14.580.000

1.458.000

13.122.000

1.312.200

11.809.800

Printer and Scanner

2.800.000

280.000

2.520.000

252.000

2.268.000

226.800

2.041.200

204.120

1.837.080

183.708

1.653.372

Telephones

1.200.000

120.000

1.080.000

108.000

972.000

97.200

874.800

87.480

787.320

78.732

708.588

10

Toilet Sets

8.000.000

800.000

7.200.000

720.000

6.480.000

648.000

5.832.000

583.200

5.248.800

524.880

4.723.920

11

Toiletries

1.600.000

160.000

1.440.000

144.000

1.296.000

129.600

1.166.400

116.640

1.049.760

104.976

944.784

12

Truck

90.000.000

9.000.000

81.000.000

8.100.000

72.900.000

7.290.000

65.610.000

6.561.000

59.049.000

5.904.900

53.144.100

13

Water Installation

2.500.000

250.000

2.250.000

225.000

2.025.000

202.500

1.822.500

182.250

1.640.250

164.025

1.476.225

2.000.000

200.000

1.800.000

180.000

1.620.000

162.000

1.458.000

145.800

1.312.200

131.220

1.180.980

14

Hydrant and Fire Alarm

Installation

15

Communication Installation

500.000

50.000

450.000

45.000

405.000

40.500

364.500

36.450

328.050

32.805

295.245

16

Internet Network Installation

500.000

50.000

450.000

45.000

405.000

40.500

364.500

36.450

328.050

32.805

295.245

Total Depreciation per year

27.040.000

24.336.000

21.902.400

19.712.160

17.740.944

2.3. Depreciation
Depreciation of Supporting Equipments
No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

Supporting
Equipment
Air Conditioners
Stand Type
Back Up Generator
CCTV
Company
Computers
Neon Lamps
Office Chairs
Office Desks
Printer and Scanner
Telephones
Toilet Sets
Toiletries
Truck
Water Installation
Hydrant and Fire
Alarm Installation
Communication
Installation
Internet Network
Installation

Price
(Rupiah)

25.000.000

1.476.225

14.000.000
6.000.000

826.686
354.294

84.000.000

4.960.116

300.000
12.000.000
20.000.000
2.800.000
1.200.000
8.000.000
1.600.000
90.000.000
2.500.000

17.715
708.588
1.180.980
165.337
70.859
472.392
94.478
5.314.410
147.623

2.000.000

118.098

1.062.882

500.000

29.525

500.000

29.525

Total Depreciation per year

15.966.850

Total Salvage Value

94.282.650

SV

10

SV

SV

SV

SV

13.286.025 1.328.603

11.957.423

1.195.742

10.761.680

1.076.168

9.685.512

968.551

8.716.961

7.440.174
3.188.646

6.696.157
2.869.781

669.616
286.978

6.026.541
2.582.803

602.654
258.280

5.423.887
2.324.523

542.389
232.452

4.881.498
2.092.071

44.641.044 4.464.104

40.176.940

4.017.694

36.159.246

3.615.925 32.543.321 3.254.332

29.288.989

159.432
15.943
6.377.292
637.729
10.628.820 1.062.882
1.488.035
148.803
637.729
63.773
4.251.528
425.153
850.306
85.031
47.829.690 4.782.969
1.328.603
132.860

143.489
5.739.563
9.565.938
1.339.231
573.956
3.826.375
765.275
43.046.721
1.195.742

14.349
573.956
956.594
133.923
57.396
382.638
76.528
4.304.672
119.574

129.140
5.165.607
8.609.344
1.205.308
516.561
3.443.738
688.748
38.742.049
1.076.168

12.914
116.226
11.623
516.561 4.649.046
464.905
860.934 7.748.410
774.841
120.531 1.084.777
108.478
51.656
464.905
46.490
344.374 3.099.364
309.936
68.875
619.873
61.987
3.874.205 34.867.844 3.486.784
107.617
968.551
96.855

104.604
4.184.141
6.973.569
976.300
418.414
2.789.428
557.886
31.381.060
871.696

106.288

956.594

95.659

860.934

86.093

774.841

77.484

697.357

265.721

26.572

239.148

23.915

215.234

21.523

193.710

19.371

174.339

265.721

26.572

239.148

23.915

215.234

21.523

193.710

19.371

174.339

744.017
318.865

14.370.165

12.933.148

11.639.833

10.475.850

2.3. Depreciation
Depreciation of Building
1

No

Building

Price
(Rupiah)

SV

SV

SV

SV

SV

Building

316291281,5

31629128

284662153

28466215

256195938

25619593

230576344

23057634

207518709

20751870

186766838

No

Building

Price

1 Building

316291281,5

6
D

7
SV

18676683 168090154

8
SV

16809015 151281139

D
15128113

9
SV
13615302
5

D
13615302

10
SV
12253772
2

D
12253772

SV
110283950,7

2.4
ANNUAL EXPENSES

2.4. Annual Expenses

Total Operational Cost per Year
Type

Price (Rp)

Raw Material

23,151,895,800

Direct Labor

926,640,000

Indirect Labor

2,794,440,000

Utility

156,971,813

Insurance

103,681,042.18

Distribution

205,742,800

Marketing

81,500,000

Maintenance

14,623,453.28
64,864,800

Operating Supplies

2.5
ECONOMIC ANALYSIS

2.5.1 Determining Product

Price
PRICE DETERMINING
Operational Cost
Total Capital Invesment (TCI)
COGS
Gross Profit 10%
Gross Sales Revenue
Amount of Package/Year

Rp 27,500,359,708
Rp 5,067,245,066
Rp 32,567,604,774.00
Rp 3,256,760,477.40
Rp 35,824,365,251.40
12962400

Price/ Sachet (Gross)

Rp 2,763.71

Price with PPN 10%

Rp 3,040.09

2.5.2 Cash Flow

Year

%
Productio
n
Capacity

Sold
Volume

2016

2017

100%

1296240 Rp
3,040.09
0

Rp
39,406,862,616.00

2018

100%

1296240 Rp
3,040.09
0

Rp
39,406,862,616.00

2019

100%

1296240 Rp
3,040.09
0

Rp
39,406,862,616.00

2020

100%

1296240 Rp
3,040.09
0

Rp
39,406,862,616.00

2021

100%

1296240 Rp
3,040.09
0

Rp
39,406,862,616.00

Product
Price
Rp

Revenue
-

Rp

OPEX
-

Rp

Rp
Rp
27,485,736,255.0
0
Rp
27,485,736,255.0
0
Rp
27,485,736,255.0
0
Rp
27,485,736,255.0
0
Rp
27,485,736,255.0
0
Rp

Maintenance
Rp
Rp
14,623,453.00
Rp
14,623,453.00
Rp
14,623,453.00
Rp
14,623,453.00
Rp
14,623,453.00
Rp

Cash Flow (contd)

Year

%
Productio
n
Capacity

201
6

201
7
201
8
201
9
202
0
202
1

Depreciation
Rp

Cash Expenses
Rp

Rp
Rp
100%
27,500,359,708.0
116,242,917.60
0
Rp
Rp
100%
27,500,359,708.0
104,618,625.84
0
Rp
Rp
100%
27,500,359,708.0
94,156,763.25
0
Rp
Rp
100%
27,500,359,708.0
96,380,920.29
0
Rp
Rp
100%
27,500,359,708.0
76,266,978.24

All expenses
Rp
Rp
27,616,602,625.6
0
Rp
27,604,978,333.8
4
Rp
27,594,516,471.2
5
Rp
27,596,740,628.2
9
Rp
27,576,626,686.2

Gross Profit
Rp
Rp
11,906,502,908.0
0
Rp
11,906,502,908.0
0
Rp
11,906,502,908.0
0
Rp
11,906,502,908.0
0
Rp
11,906,502,908.0

Cash Flow (contd)

Year
201
6
201
7
201
8
201
9
202
0
202
1
202
2
202
3
202
4

%
Productio
n
Capacity

0
100%
100%
100%
100%
100%
100%
100%
100%

Net Profit Before

Tax
-Rp
5,067,245,066.00
Rp
11,790,259,990.40
Rp
11,801,884,282.16
Rp
11,812,346,144.75
Rp
11,810,121,987.71
Rp
11,830,235,929.76
Rp
11,837,862,627.59
Rp
11,844,726,655.63
Rp
11,850,904,280.87

Net Profit After Tax

-Rp
5,067,245,066.00
Rp
9,432,207,992.32
Rp
9,441,507,425.73
Rp
9,449,876,915.80
Rp
9,448,097,590.17
Rp
9,464,188,743.81
Rp
9,470,290,102.07
Rp
9,475,781,324.50
Rp
9,480,723,424.69

Cash Flow
-Rp
5,067,245,066.00
Rp
9,548,450,909.92
Rp
9,546,126,051.57
Rp
9,544,033,679.05
Rp
9,544,478,510.46
Rp
9,540,455,722.05
Rp
9,538,930,382.48
Rp
9,537,557,576.87
Rp
9,536,322,051.83

Cummulative Cash
Flow
-Rp
5,067,245,066.00
Rp
4,481,205,843.92
Rp
14,027,331,895.49
Rp
23,571,365,574.54
Rp
33,115,844,084.99
Rp
42,656,299,807.04
Rp
52,195,230,189.52
Rp
61,732,787,766.40
Rp
71,269,109,818.23

Cummulative Cash Flow

100,000,000,000.00
80,000,000,000.00
60,000,000,000.00
40,000,000,000.00
20,000,000,000.00
0.00
-20,000,000,000.00

10

2.6.3 Cost Breakdown

Raw Material
Direct Worker
Indirect Worker
Utility
Insurance
Distribution
Marketing
Maintanance

Total Cost (Rp)

Rp
23,151,895,800.00
Rp
926,640,000.00
Rp
2,794,440,000.00
Rp
156,971,813.00
Rp
103,681,042.00
Rp
205,742,800.00
Rp
81,500,000.00
Rp

Percentage (%)
85
3
10
1
0
1
0
0

Cost Breakdown Chart

3%

10% 1% 1%

85%

Raw Material
Direct Worker
Indirect Worker
Utility
Insurance
Distribution
Marketing
Maintanance
Operating Supplies

2.6.6. Sensitivity Analysis

Raw Material Fluctuation
Deviation

Selling Price
(Rp)

-15%

2,584.08

-10%

2,736.08

-5%

2,888.09

0%

3,040.09

5%

3,192.09

10%

3,344.10

15%

3,496.10

NPV (Rp)
20,392,207,898
30,413,965,452
40,436,382,333
50,458,139,887
60,479,897,442
70,502,314,322
80,524,071,876

IRR

Payback
Period (Years)

46%

0.53

62%

0.46

78%

0.41

94%

0.37

110%

0.33

125%

0.30

141%

0.28

2.6.6. Sensitivity Analysis

Raw Material Fluctuation
Deviation

Raw Material Cost

(Rp)

Payback
NPV (Rp)

IRR

Period
(Years)

-15%

19,679,111,430

68,122,288,235

121%

0.31

-10%

20,836,706,220

62,234,238,786

112%

0.32

-5%

21,994,301,010

56,346,189,336

103%

0.34

0%

23,151,895,800

50,458,139,887

94%

0.37

5%

24,309,490,590

44,570,090,438

85%

0.39

10%

25,467,085,380

38,682,040,989

76%

0.41

15%

26,624,680,170

32,793,991,539

66%

0.45

2.6.6. Sensitivity Analysis

Labor Cost
NPV (Rp)

IRR

Payback

Deviation

Labor Cost (Rp)

-75%

231,660,000

53,993,121,767

99%

0.35

-50%

463,320,000

52,814,794,473

98%

0.36

-25%

694,980,000

51,636,467,180

96%

0.36

0%

926,640,000

50,458,139,887

94%

0.37

25%

1,158,300,000

49,279,812,594

92%

0.37

50%

1,389,960,000

48,101,485,301

90%

0.38

75%

1,621,620,000

46,923,159,008

88%

0.38

Period (Years)

2.6.6. Sensitivity Analysis

NPV
90000000000
80000000000
70000000000
60000000000
Selling Price

50000000000

Raw Material

40000000000

Labor

30000000000
20000000000
10000000000
-1

-0.8

-0.6

-0.4

-0.2

0
0
Deviation

0.2

0.4

0.6

0.8

2.6.6. Sensitivity Analysis

IRR
1.6
1.4
1.2
1

Selling Price
Raw Material

0.8

Labor

0.6
0.4
0.2
-1

-0.8

-0.6

-0.4

-0.2

0
0
Deviation

0.2

0.4

0.6

0.8

2.6.6. Sensitivity Analysis

Payback Period
0.6
0.5
0.4
Selling Price
Raw Material

0.3

Labor
0.2
0.1

-1

-0.8

-0.6

-0.4

-0.2

0
0
Deviation

0.2

0.4

0.6

0.8

2.6.6. Sensitivity Analysis

Based on Figure 2.6, 2.7, and 2.8, we can see that the most fluctuative
curves are selling price cost and labor cost. It refers to be unstable if
there is a deviation, and it changes pretty drastically. But, even though
there is a deviation, however the value of NPV, IRR and Payback period
are still good, it still tolerable. There is no minus value in the curve, so we
can conclude that our company is pretty firm even though there is a
deviation it can maintain the NPV, IRR and Payback period in positive
value, and our company is very interesting for investor and bank.
Our curves has no minus value because our main material such as Alpinia
galangal and Kaempferia galangal are very easy to be found and its price
are tend to be stable. Even ifany inflation or any changes of Kaempferia
galangal and Alpinia galangal prices happen, our selling price can still
cover it. Therefore, the NPV, IRR and payback period are still in positive
value.

2.7
PROFITABILITY ANALYSIS

2.7 Profitability Analysis

2.7.1. Payback Period

Payback period is a number of years to recover initial
cost. Payback period is used to measure how long it
takes the project to pay back its initial investment.

According to our calculation, the payback period that

we get is 0,766 years or 9,2 months. It is a very short
time, so it can be promising for investor and bank to
get their money back.

Breakeven Point (BEP)

2.7.2.

Breakeven point (BEP) can be defined as a

point or condition where a company does not
obtain profit or loss.

BEP can be achieved based on the payback

period. At the time of payback period, we
already sold 9.929.198,4 ml of Jatunnas.

2.7.3. Net Present Value (NPV)

Net Present Value is an evaluation
method used by financial managers to
determine the overall value of a
project (or a series of cash flows).
To calculate the NPV of our product:
a. Calcultae MARR/WACC
b. Calculate NPV

Then, our NPV that we calculate is Rp

6.415.139.180,4.

Summary of profitability
analysis
Rate of Return
160,67%
Payback Period

0,367 years

Breakeven Point

4.757.201 ml of Jatunnas

Internal Rate of Return

94,1%

Net Present Value

Rp 55.599.766.433,80.

THANK YOU