Kelayakan Perubahan Kelas Perusahaan: Studi Kasus di Bagian Hutan Ngantang Pujon, KPH Malang (Feasibility of change in Enterprise Class: Case Study in the Forest Section of Ngantang Pujon, KPH Malang)

Abstract

The decline in damar stands due to shoot death has caused losses to the company. To anticipate these problems, it is necessary to find a enterprise class that is suitable with site characteristics. This study aimed to determine the business feasibility of damar and pine plants in order to determine the right enterprise class. The research was conducted in the Ngantang Pujon Forest Section , KPH Malang. The method used is quantitative descriptive using primary and secondary data. The analysis used is business feasibility analysis by calculating the Net Present Value (NPV), Benefit Cost Ratio (BCR), and Internal Rate Return (IRR). The results of NPV analysis showed that both damar and pine companies are feasible to cultivate. The pine enterprise class has a higher eligibility than the damar enterprise class. Thus, financially, the damar enterprise class can be changed to the pine enterprise class.