Economic Analysis of Used Cooking Oil Supply Chain for Biofuel in Special Region of Yogyakarta

Lestari, Rianti (2020) Economic Analysis of Used Cooking Oil Supply Chain for Biofuel in Special Region of Yogyakarta. In: NS-UNISM 2019, 23 November 2019, Banjarmasin, South Kalimantan, Indonesia.

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Abstract

Biofuel as suitable substitute for fossil fuel can be produced from industrial and municipal waste, used cooking oil. High consumption of cooking oil in Indonesia gives a nice opportunity for cooking oil as material for producing biofuel. According high potentiality and high availability of used-cooking oil in culinary industries, Yogyakarta would be a city of biofuel production from the oil. The aim of this research is to analyze an economic factor towards the supply chain design of biofuel in D.I.Y at strategic level supply chain. Method of thesis is to build mathematical model which defined by Excel spreadsheet and solved by CPLEX optimizer. Otherwise, for calculate an economic analysis using revenue cost ratio (R/C ratio). Based on R/C ratio method then it obtanained rasio value R/C > 1. Therefore can be summarized that proper investment because of given production profit for each day.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: biofuel economic analysis used cooking oil cplex optimizer gravity location model
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: EAI Editor IV
Date Deposited: 02 Aug 2021 14:12
Last Modified: 02 Aug 2021 14:12
URI: https://eprints.eudl.eu/id/eprint/5630

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