ANALISIS KELAYAKAN INVESTASI MESIN CETAK PRODUK PLASTIK PADA PT MAJU KAYA REJEKI

Abstract

As a plastic product manufacturing company, PT Maju Kaya Rejeki has a 5 liter jerry can as one of its superior products, but still has a production line that is not good enough. This is because they often produce with a lot of quality defects and need to be recycled which makes a lot of time wasted and inefficient. In contrast to competitors, which are superior and able to provide products at lower prices with better production. Therefore it is necessary to make improvements to the production line in order to increase production effectiveness which is better and superior to competitors. One of them is by analyzing the feasibility of financial investments using the Capital Budgeting method (Blank & Tarquin, 2017). Financial calculations with Capital Budgeting in this study are to find out if the machine investment plan is profitable or not. This method consists of Payback Period (PP), Net Present Value (NPV), Profitability Index (PI), and Internal Rate of Return (IRR). This method was carried out on printing presses for the production of 5 liter jerry cans, by comparing the condition of the old machine and the new machine aged 8 years, the results of the research on the scenario of replacing the new machine with trade-in and the results of the calculation were 9 months PP, NPV Rp. 2,366,922,828, PI Ratio 9.3, IRR 8%. Based on the criteria that have been carried out in this study, it is concluded that investing in new machines is feasible with a scenario of buying 1 new machine to replace 1 old machine with installment payments with the aim of increasing production effectiveness and cost efficiency at PT Maju Kaya Rejeki.