Article ID: | iaor20117485 |
Volume: | 9 |
Issue: | 3 |
Start Page Number: | 296 |
End Page Number: | 314 |
Publication Date: | Jul 2011 |
Journal: | International Journal of Logistics Systems and Management |
Authors: | Diopenes Rommel G, Laptaned Ungul |
Keywords: | manufacturing industries, cost benefit analysis, supply & supply chains, simulation: applications, simulation |
With the increasing demand of oil, each country is seeking other alternatives in fuelling their machineries, and supplying their energy while adhering to the world‐wide call for environmental protection. The use of bio‐fuels have been a trend among the fuel deficient countries due to its cheap available resources as well as it receives supports from the environmentalist group, thus bio‐ethanol is one of the recent available sources of energy. This study will undertake the financial investment in the production of bio‐ethanol from cassava as the raw material to: 1) be able to identify the costs involved in the supply chain of bio‐ethanol related to the investment in bio‐ethanol plant; 2) provide a financial analysis model using the supply chain costs of a bio‐ethanol plant; 3) be able to determine the feasibility of the project of setting up a bio‐ethanol plant using the financial instruments.