Decision Support System for Techno-Economic Viability Analysis of Livestock cum Aqua Pellet Feed Plant

Abstract

A decision support system (DSS) has been developed using (C++) computer language for appraisal of managerial economy on technically assessed production input data of pellet feed plant. Primarily, the pellet production unit to produce feed either for cattle and fish, poultry and fish or cattle, poultry and fish. Since, the cost of feed is the major share about (60-70%) of the cost of production of livestock-aqua products. Hence, by using the developed decision support system (DSS), the dependent managerial economic variables viz. total production cost, net income after taxes, return on investment (RoI), breakeven point (BEP), payback period (PBP), internal rate of return (IRR), net present worth (NPW) and benefit cost ratio (BCR) is possible for instant determination of operational feasibility of production unit. For validation of DSS two smaller capacity size commercially available feed production were analysed for their techno-economic viability. Therefore, the feed production unit should be selected from their minimum commercial sizes scale availability, so that the entire integrated farming potential of the production catchment can be harnessed. Further, the availability of variety of feed raw material provides opportunities for increased use of DSS as an algorithm.