Abstract
This study presents a decision support system for the financial analysis of an acorn chain used in food production. The application of these fruits, in fact, shows potential in human nutrition and valorization of rural and marginal areas. A multi-step production process is hypothesised with a different potential organizational structure of each phase and products to be sold. The net present value, pay-back period, safety margins, and internal rate of return are computed for the implemented scenario. The research was grounded on Italian-based data but can be easily transferred to other case studies. The results highlight potential economic suitability of the chain, although subject to a minimal value of prices and productivity. Future improvements and further integration of this study, such as the analysis of fluctuation’s risk of annual production or the need to investigate sensorial properties of acorns, are suggested and discussed.
Highlights
National Institute of Agribusiness and Sustainability, P.le delle Cascine 18, 50144 Firenze, Italy; Department of Agriculture, Food, Environment and Forestry, University of Florence, via San Bonaventura 13, Abstract: This study presents a decision support system for the financial analysis of an acorn chain used in food production
Output is based on sensitivity analysis founded on modification of acorn yield and the price of flour
This study has developed the first comprehensive financial analysis of acorns chain for food production
Summary
National Institute of Agribusiness and Sustainability, P.le delle Cascine 18, 50144 Firenze, Italy; Department of Agriculture, Food, Environment and Forestry, University of Florence, via San Bonaventura 13, Abstract: This study presents a decision support system for the financial analysis of an acorn chain used in food production. The application of these fruits, shows potential in human nutrition and valorization of rural and marginal areas. Acorns are applied as feed for hogs and wild boars as these animals tolerate the tannin substances contained in these fruits, which are considered potentially toxic for other livestock [5]. Investigated the potential use of acorn tissues for pharmaceutical products offering economic advantages and value-added by-products generated from agricultural wastes
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