Production Optimalization Analysis and Maximization Profit of Salt Farmers on the Madura Island
- DOI
- 10.2991/aicar-18.2019.28How to use a DOI?
- Keywords
- maximization, salt; optimalization; production; profit
- Abstract
This study aims to analyze: 1) Is the production of salt farmers on the Madura island is optimal or not, and 2) Is the salt farmers on Madura Island in production has reached maximum profit or not. The population in this research is all the people salt farmers that exist in 4 districts in Madura Island namely Bangkalan, Pamekasan, Sumenep and Sampang 220 people who are drawn based on Slovin method. Optimal production is determined by criteria comparison MPK/MPL = r/w. While the maximum profit is determined based on MR and MC criteria. The results concluded that: 1) Salt production on Madura Island has not reached optimal condition. This is evident from MPK/MPL < r/w (0.652 <1.22). The profit from salt production on Madura Island does not reach the maximum condition because the value of MR > MC (2,550,84 Rp/month > 128,67 Rp/month). Based on the results of the research, the suggestions that can be proposed are 1) Conducting land integration effort among the people salt farmers to reach the minimum production scale of 10 hectares. And 2), the role of PT Garam (Perseoro) as a processor institution (salt processor) is also necessary in order to strengthen the role of price stabilizer and increase the added value of salt commodity.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Budi Sasongko AU - Elfindri Elfindri AU - Sjafrizal AU - Tafdil Husni AU - Alpon Satrianto PY - 2019/02 DA - 2019/02 TI - Production Optimalization Analysis and Maximization Profit of Salt Farmers on the Madura Island BT - Proceedings of the 5th Annual International Conference on Accounting Research (AICAR 2018) PB - Atlantis Press SP - 134 EP - 138 SN - 2352-5428 UR - https://doi.org/10.2991/aicar-18.2019.28 DO - 10.2991/aicar-18.2019.28 ID - Sasongko2019/02 ER -