Proceedings of the 5th Annual International Conference on Accounting Research (AICAR 2018)

Production Optimalization Analysis and Maximization Profit of Salt Farmers on the Madura Island

Authors
Budi Sasongko, Elfindri Elfindri, Sjafrizal, Tafdil Husni, Alpon Satrianto
Corresponding Author
Budi Sasongko
Available Online February 2019.
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/).

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Volume Title
Proceedings of the 5th Annual International Conference on Accounting Research (AICAR 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
February 2019
ISBN
10.2991/aicar-18.2019.28
ISSN
2352-5428
DOI
10.2991/aicar-18.2019.28How to use a DOI?
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  -