Financial Feasibility of a Gin Process Control System: A Preliminary Assessment
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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.