Financial Feasibility of a Gin Process Control System: A Preliminary Assessment
Abstract
An analysis was conducted to determine the financial
viability of a Gin Process Control (GPC) system
developed by the U.S. Department of Agriculture at
Stoneville, Mississippi. cost, energy, and
performance estimates were obtained for three regions
(Hidsouth, southwest, and west) and used to analyze
the financial costs and benefits to the gin from
utilizing the GPC system. Net present values (NPV)
and internal rates of return (IRR) were calculated and
sensitivity analyses were conducted for all three
regions. The findings of this preliminary analysis
were that the GPC system was a financially viable
investment for all three regions.