Mimit Primyastanto
Study on fish capture with payang tool was done in Madura Strait, East Java. This study was done to determine the feasibility of fish capture with payang tool before using Fish Aggregating Devices (FADs) of Electronics Onjhem. This study aims were: (a) to analyze the short-term of R/C level, Profitability, Rentability, and BEP for fish capture with payang tool before using Fish Aggregating Devices (FADs) of Electronics Onjhem in Madura Strait. (b) To analyze the long term feasibility using Net Present Value (NPV), Net B/C, Internal Rate of Return (IRR) and Payback Period (PP) of fish capture with payang tool before using Fish Aggregating Devices (FADs) of Electronics Onjhem in Madura Strait. This study uses descriptive method of qualitative and quantitative survey research techniques. The data collected are primary and secondary data. Short-term analysis was conducted on revenue cost ratio (R/C), business profits, Rentability and BEP Analysis results of R/C is 1.6524, Profit from operations is IDR 207,380,400.00 annually, Rentability is 65.2419% and BEP is 4,455.87 kg. Long-term analyses show the Net Present Value (NPV) is 655,661,472.00. Net B/C is 15.39, Internal Rate of Return (IRR) is 417,35% and Payback Period (PP) is 0.61 or 3 years 6 months faster than grace period of 5 years.
Faculty of Fisheries Socioeconomic, Brawijaya University, Malang, Indonesia
