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Decision Support System for Establishment of Agro-Processing Enterprises

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Title Decision Support System for Establishment of Agro-Processing Enterprises
Not Available
 
Creator Sukhdev Mangaraj, Ranjeet Singh, SD Kulkarni
 
Subject Decision Support System (DSS), Agro-processing
 
Description In order to assess the feasibility of an agro-industrial
enterprise (food, livestock and dairy), a potential investor must
consider number of issues ranging from marketing strategies
to technological, financial, and organizational concerns.
The proper formulation and analysis becomes necessary for the
success of any agro-industrial development programme.
Decision Support System (DSS) can serve as an effective means
to minimise difficulties associated with preparing and evaluating
an investment project proposal. Software systems to support
preparation and evaluation tasks, such as computer model for
feasibility analysis and reporting (COMFAR); from the United
Nations Industrial Development Organization (UNIDO) and others
specifically developed by donors and financing institutes, are
known to exist. However, none of these is distinctively designed to
deal with the specific characteristics of agro-processing projects. In
fact, the agro-processing industry operates under a set of special
constraints primarily related to the biological nature of their raw
materials. These are largely perishable, inconsistent in quality
characteristics and seasonality based supply. Agro-industries
also have a wide range of product mix alternatives, a feature that
imposes unique challenges to production planning and control. Hence, in view of the importance of agro-processing projects,
a decision support system (DSS) addressing the issues of project
planning and evaluation has been an excellent alternative.
Thus, the need was felt for development of DSS to provide a simple
tool for initial feasibility assessments on agro-processing related
projects for related entrepreneurs in the country. This paper
discusses the concept and development of decision support system
and illustrates its application.
The decision support system (DSS) was developed to address the special characteristics of agro-processing related enterprise in the production catchment. A process flow diagram for a decision support system was developed to facilitate organizing the technical and economic information needed to assess financial feasibility to make business decisions easy. The system is an “information application”. The typical information that a decision support application might gather and present would be comparative sales figures between one week and the next, projected revenue figures based on new product sales assumptions, the consequences of different decision alternatives and given past experience. The developed system is useful for State government bodies, village level workers, NGO’s, SHGs, etc. who deal with information on post-harvest agro-processing activity and related technologies/projects. This paper basically focuses on concept and development of a Decision Support System on agro-processing project preparation and evaluation at production Catchments.
Not Available
 
Date 2020-08-22T07:16:21Z
2020-08-22T07:16:21Z
2018-09-20
 
Type Research Paper
 
Identifier Not Available
2576-9162
http://krishi.icar.gov.in/jspui/handle/123456789/39966
 
Language English
 
Relation Not Available;
 
Publisher Crimson Publishers, USA