Insulation in LNG Storage and Piping
Insulation in LNG Storage and Piping
Insulation in LNG Storage and Piping
Assignment 4-Group 22
Arif Hendrawan (1406531763)
Nafila Wajdi (1406531675)
Renno Afriansyah (1406577783)
Yoga Wiranoto (1506800350)
Yusran Fachry Reza (1406531826)
CHAPTER 1 SUPPLY CHAIN
RAW MATERIALS SUPPLIER
Factory Daily
Ingredient Supplier 1 Location 1 Supplier 2 Location 2
Comsumption
Jl. Mercedes Benz, 8,
PT. Ajidharmamas Jl Raya Pangkalan KM70
Sodium Silicate 9.8 kg Cileungsi, Bogor, West Java PT. Tirta Bening Mulya
Tritunggal Sakti LOSARANG-INDRAMAYU
16962
29462
Jl. Darmo Surabaya, Liaoning Metals & No.39, Lingyuan St., Yuhong Dist.
Magnesium PT. Cortice Mulia
2.18 kg Surabaya Jawa Timur , Minerals Enterprise Shenyang, Liaoning 110142
Hydroxide Sejahtera 1 China
Indonesia Co., Ltd.
Jln. Raya Wisma Tajur No.101,
Desa Gandamekar Km.
PT. Indoaluminium PT. Bina Karya Tajur- Ciledug-Tangerang 15152
Aluminum Foil 2.18 kg 24 Cibitung Bekasi,
Intikarsa Industri Mandiri Kota Tangerang, Banten
Tambun 17150 Indonesia
ALTERNATIVE SCENARIO MODELING
Ingredient Sodium CO2 in Air Water Polyvinyl Polyethylene Fibrous Magnesium Magnesium
Silicate Water Alcohol Terephthalate Glass Hydroxide Hydroxide
Supplier 1
Distance, Distribution
Supplier 2
1159 km
1326 km 4560 km 1168 km 1168 km 4612 km 1182 km
-
(289 h) - (64 h) (64 h) (64 h) (290 h) (65 h)
(67 h)
FIRST ORDER OF RAW MATERIAL
First
Plant Daily Needed Minimum Total Order
Ingredients First Priority Order
Consumptions order total Selling Unit Selling
(Unit)
PT. Ajidharmamas
Sodium Silicate 39.2 kg 2352 kg 200 kg 11.76 12
Tritunggal Sakti
CO2 in Water 24.48 kg PT. Indo Acidatama 1469 kg 400 kg 3.6725 4
CO2 in Water kg 24.48 171.4 685.6 8227.2 400 2932.4 1,172,960 1,000,000 2
Fibrous Glass kg 8.72 61.1 244.4 2932.8 200 6664.5 1,332,900 500,000 2
Magnesium
kg 8.72 61.1 244.4 2932.8 200 2265.9 453,180 500,000 2
Hydroxide
Aluminum Foil kg 8.72 61.1 244.4 2932.8 200 29323.8 5,864,760 500,000 2
Raw Material Supply Scheduling January February March April May June July August September October November December
Ingredients Schedule
1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
Ordering
Arrival
Sodium Silicate
Consuming
Distribution
Ordering
Arrival
Carbonic Acid
Consuming
Distribution
Ordering
Arrival
Air
Consuming
Distribution
Ordering
Arrival
Water
Consuming
Distribution
Ordering
Polyvinyl Arrival
Alcohol Consuming
Distribution
Ordering
Polyethylene Arrival
Terephthalate Consuming
Distribution
Ordering
Arrival
Fibrous Glass
Consuming
Distribution
Ordering
Magnesium Arrival
Hydroxide Consuming
Distribution
Ordering
Arrival
Aluminum Foil
Consuming
Distribution
Percentage Distribution
Product distribution per delivery
No Area Percentage (%)
time (m2/month)
1 Sunda 6080 20
2 East Indonesia 18240 60
3 Nangroe Aceh
912 3
Darussalam
4 East Asia 3648 12
5 Russia 1520 5
FLUCTUATIONS OF PRODUCT
Product at Warehouse Product at Every Regions
10000 4000
Distribution Value
8000
3000
Inventory
6000 Sunda
2000 East Indonesia
4000
1000 N.A.D.
2000 East Asia
0 0 Russia
0 100 200 0 100 200
Production per Days Number of Days
TARGET MARKET
CHAPTER 2 PRODUCT COSTING
TOTAL CAPITAL INVESMENT
M&S CHEMICAL EQUIPMENT COST INDEX
Equation: y= 53,39x 105805
TOTAL 473,523,000
MARKET RESEARCH COST
Equipment 1,097,221,069
Total 15,523,409,569
WORKING CAPITAL COST
= 0.15
= Rp 20,646,134,727
DISTRIBUTION COST OF TOTAL CAPITAL INVESTMENT
11.28% 6.27% Equipment
2.71%
Land and Building Cost
Supporting Equipment
Utility Installation
Market Research
Photocopy, Scanner
2 0.5 8 8 2,640 3,872,880
and Printer
Dispenser 2 0.5 24 24 7,920 11,618,640
CCTV 10 0.0084 24 2.016 665.28 975,966
LCD Proyektor 2 0.3 1 0.6 198 290,466
AC 1 PK 15 0.8 8 96 31,680 46,474,560
Absent Machine 1 0.018 8 0.144 47.52 69,712
Television 1 0.11 3 0.33 108.90 159,756
Refrigerator 1 0.1 24 2.4 792 1,161,864
Neon Lamps 60 0.036 24 51.84 17,107.20 25,096,262
Total Cost per year 128,983,364
DIRECT COST UTILITY(WATER & FUEL)
ROI 98.07%
This value represents the rate of the return of investment for the investor each
year. This value is high enough to attract the investors.
PAY BACK PERIOD
Payback period is the length of time in years the investment and loan will be
returned to the investors and banks.
30,000,000,000
25,000,000,000 y = 3E+09x - 5E+09
20,000,000,000 R = 0.8933
15,000,000,000
10,000,000,000
5,000,000,000
0
(5,000,000,000) 0 2 4 6 8 10 12
(10,000,000,000)
(15,000,000,000)
The breakeven point of our product manufacture occurs on day 609 with the
product sold are 9,801 kg units.
INTERNAL RATE OF RETURN
Internal Rate of Return (IRR) is a measure of the maximum interest rate paid on
a project.
Cash flow in this calculation is for 10 years time basis. So the IRR calculation
obtains value as 43.433 % for 10 years. Meanwhile our MARR is 9.04 %.
The NPV value of Rp 11,297,931,594. Because NPV value is greater than zero,
based on NPV calculation we can conclude that this project is profitable.
SENSITIVITY ANALYSIS
NPV
NPV
10,200,000,000.00
10,000,000,000.00
9,800,000,000.00 Raw Material
9,600,000,000.00
NPV
Product Price
9,400,000,000.00
9,200,000,000.00 Operating
9,000,000,000.00 Labour
8,800,000,000.00
8,600,000,000.00
-20% -10% 0%
Deviation 10% 20%
SENSITIVITY ANALYSIS
IRR
30%
25%
Raw
20%
Material
IRR
15% Product
Price
10%
5%
0%
-20% -10% 0%
Deviation 10% 20%
SENSITIVITY ANALYSIS
Pay Back period 2.5
2
Raw
1.5 Material
PP Product
1 Price
Operating
0.5 Labour
0
-20% -10% 0% 10% 20%
Deviation
Based on criteria and considerations in choosing plant location, we choose
Belian, Batam Kota, Kota Batam, Kepulauan Riau as our plant location.
The raw materials will be delivered from local suppliers. All of local suppliers are
located in Java.
The selection of first supplier is reconsideration by various criteria such as availability of
raw materials, raw material specifications, supplier credibility, distance, and time
required for shipment.
The distribution mainly will use ship as marine transportation. The use of ship is
considered more effective and flexible because it is the easiest transportation from
Indonesia as archipelagic countries.
The total capital investment (TCI) for our product is IDR 20,646,134,727 In this case,
land and building cost is the most cost that contribute to the calculation of TCI is about
IDR 13,854,000,000
Total capital investment is being used for land and building administration, buying
equipment for plant. It is indeed the most contributed thing that effecting the total capital
investment for our product, with Fixed capital IDR 15,523,409,569 and working capital
IDR2,328,511,435
CONTD
Operational cost of our company is IDR 3,868,655,262 per year with the most
contributed cost is general expense cost IDR 2,467,213,151.00 per year.
The price of our product is IDR 266,580 we estimate our product price with analysis
profitability. The results of profitability analysis explain that our plant is feasible and
acceptable because it already has met the criteria and obtain the desired value by
analysis using IRR, NPV and PB
From profit analysis, ROI for our company is 98.07%, the payback period of our
company is about 1.667 (609 days) years which is appropriate for the plant that have
10 years of total lifetime, BEP of our company is 48,770 kg until we have profit, and IRR
of our company is 43.433% which greater than MARR, 14.16%
NPV for our project is IDR 11,297,931,594.. This value is higher than 0, so our project is
profitable.
THANK YOU