Profit Planning Research Articles

Adaptive robust optimization framework for market-based wind power investment

Wind is distinguished by its eco-friendliness and sustainability, making it one of the most rapidly expanding forms of renewable energy sources (RESs). Hence, it is necessary to determine the most profitable plan for wind farm installation. This paper constructs a novel scheme for market-based wind power investment (WPI) problems using adaptive robust optimization (ARO). A tri-level robust WPI (RWPI) model is established, the first level of which is to minimize the investment cost plus the worst-case loss. In the second level, the worst-case loss (also known as the maximum regret) is identified by maximizing the minimum value of minus profit over the uncertainty sets. The third level maximizes the wind farm profit. Since the profit calculation requires the determination of the locational marginal price (LMP), the third level constitutes bi-level programming, with the upper level being the profit maximization and the lower level being the market clearing process. First, Karush-Kuhn-Tucker (KKT) conditions are applied to convert the bi-level model to a single-level model, resulting in an ARO with binary variables at the third level. Afterward, the nested column-and-constraint generation (NCCG) strategy is employed to solve the ARO with mixed-integer recourse. A case study is used to verify the scalability and practical applicability of the proposed model.

Analisis Break Even Point dan Margin Of Safety Sebagai Salah Satu Alat Perencanaan Laba pada Koffie 09

Profit planning is an important aspect for companies because it allows them to set profit targets to achieve in a certain period. This research aims to investigate the profit planning process, break-even point (BEP), and margin of safety (MOS) at Koffie 09 Karawang. The research method used is a descriptive approach with a quantitative approach. The data used is quantitative data from primary and secondary sources. Data collection techniques involve interviews and documentation. The results of this calculation provide an overview of the minimum sales point that needs to be achieved so that the company does not lose money, as well as providing guidance on the level of sales needed to achieve the set profit target. The findings from this research show that there are variations in achieving the breakeven point each year. In 2020 it was IDR. 575,942,010 or 30,989 Units. In 2021 it is IDR. 575,942,010 or 30,989 Units. In 2022 it will be IDR. 932,318,143 or 45,456 Units. Showing the safety of sales levels, 2020 has a margin of safety of 10%. In 2021 there is a margin of safety of 10%. In 2022 it has a margin of safety of 10%. Koffie 09 must sell 17,997 units or sales of IDR. 1,654,500,000 To achieve the profit planning goal in 2023, adjustments need to be made to the sales revenue target so that it does not cause losses for the company, which is 43.64% or IDR 722,181,857. It is hoped that the results of this research can help companies carry out optimal profit planning through BEP and MOS calculations.

Pengaruh Risiko Keuangan, Nilai Perusahaan dan Ukuran Perusahaan Tehadap Perataan Laba

This research aims to analyze the influence of financial risk, company value and company size on income smoothing. This research was conducted by analyzing the financial reports of companies in the Consumer Non-Cyclicals sector listed on the Indonesia Stock Exchange (BEI) during the period 2018 to 2022. The sample used in this research was 16 companies in the Consumer Non-Cyclicals sector listed on Indonesia Stock Exchange during the period 2018 to 2022 using a purposive sampling technique. The data used in this research is secondary data in the form of financial reports from each company that has been used as a research sample. Logistic regression method was used as research methodology in this study. Analysis of research results using the help of Eviews 12 software. The results of this study show that Financial Risk partially has no effect on Profit Planning, Company Value partially has no effect on Profit Smoothing, Company Size partially has an effect on Profit Planning and simultaneously Financial Risk, Company Value and Company Size influence Income Smoothing.

Profit Planning Analysis with Break Even Point Approach at PT. Sinar Jaya

Profit Planning Analysis with Break Even Point Approach at PT. Sinar Jaya

Cost Volume Profit Analysis as a Profit Planning Tool at Buket Husnul

UMKM Buket Husnul is a business in the creative industry that sells products in the form of flower bouquets with various models. In its profit planning Buket Husnul does not yet have a planning tool, therefore this study discusses related to profit planning at UMKM Buket Husnul which utilizes Cost-Volume-Profit analysis as a tool to plan its profits. Cost-Volume-Profit analysis is a very good profit planning tool to help business people make decisions in order to optimize their business profits. In this study, researchers used a type of research with descriptive qualitative methods, based on data sources from interviews and direct observation in the field. The research results of the cost volume profit analysis that have been carried out are for the contribution margin of Rp43,125,000.00 with a contribution ratio of 52%. In order to reach the break-even point or Break-Event- Point the business owner must be able to sell a bouquet of 1,100 units with an income of Rp. 8,269,231.00 per quarter so that the business does not get a loss, with the maximum Margin of Safety that can only decrease by Rp. 74,230,769.00 with a ratio of 89.98% and the results of Operating-Leverage of 1.12 times operating profit.

Moving beyond Beyond Budgeting: A Case Study of the Dynamic Interrelationships between Budgets and Forecasts

This study examines how budgeting and forecasting are used in a bank that abandoned the corporate budget but later reintroduced it. Although companies that implement Beyond Budgeting may reintroduce budgets, how companies returning to traditional budgeting maintain Beyond Budgeting elements and incorporate them into the budgeting process has not been previously studied. Specifically, we address how forecasts are deployed as part of the budgeting process. The paper is based on a case study with interviews as the primary data source. We show how the interrelationships between budgets and forecasts change through three phases; before, during, and after abandonment, and illustrate how the two control elements can simultaneously replace each other for specific groups of line items and become complementary for profit planning and control. We unfold how revenue-forecasts complement cost-budgets to fulfill various budgeting purposes, especially when forward-looking tight control is emphasized to ensure outward accountability. Altogether, the study demonstrates how management control systems evolve over time when companies implement control elements with inspiration from the Beyond Budgeting model alongside budgets.

Analisis Break Even Point dan Margin Of Safety Sebagai Alat Perencanaan Laba pada UMKM Bakmie Sultan Karawang

In principle, the main goal of every company is to achieve optimal profits for its owners. To be able to compete effectively with other companies, companies need to improve their operational performance more efficiently and effectively. Bakmie Sultan Karawang, a developing MSME business, still does not have accurate information regarding the profits generated from minimum sales of their noodles. This research aims to explore the role of Break Even Point (BEP) analysis in planning and increasing company profits. This research method uses a quantitative descriptive approach by applying BEP and Margin of Safety analysis techniques. The results of the break even point analysis show that the total business BEP reached Rp. 94,267,790.38, with details for each product Bakmie Komplit, Bakmie Bakso, Bakmie Pangsit, Bakmie Manis, and Bakmie Regular. Msargin of Safety (MOS) reached 93.03%, equivalent to Rp. 1,258,132,209.62, gives an idea of how much of a decline in sales can be handled without incurring a loss or breaking even. The estimated profit target for 2024 is 30%, or Rp. 177,263,404,629, which is a guide for the company in achieving the expected profit. Recommendations are provided so that companies can optimize BEP strategies to maintain sales above the break-even point and reduce potential losses. It is hoped that the results of this research will provide support for companies in designing optimal profit plans through BEP and MOS analysis.

Break Even Point Analysis as A Profit Planning Tool at PT. Herbal Medicine and Pharmaceutical Industry Sido Muncul Tbk

Break Even Point Analysis as A Profit Planning Tool at PT. Herbal Medicine and Pharmaceutical Industry Sido Muncul Tbk

INDICATORS FOR QUANTIFYING TRANSIT EQUITY AS DECIDING FACTOR FOR DEVELOPING EQUITABLE TRANSIT: A SYSTEMATIC REVIEW

This literature review emphasizes indicators for quantifying equity in the transit development process to better understand its relevancy in decision-making. Equitable transit examines the accessibility, mobility, and modal benefits within the context of justice. Equity is a hard subject to cater, especially when relating to how decisions are made. Hence, a simple and easy way to better understand the equity implications of both built and unbuilt route options in the transit development process is needed. From 22 previous studies about transit equity, transportation aspects are mainly used for quantifying purposes while equity indicators act as additional aspects. These gaps are the result of trying to include equity in transportation methods, rather than constructing separate methods for quantifying equity aspect exclusively, since equitable transit most likely not economically feasible, nor profitable transportation plan would be equitable. This finding explains a phenomenon like gentrification, where fair distribution of transportation supply might be achieved at the cost of exclusion to disadvantageous population it intended to reach. Thus, quantifying transportation and equity aspect separately is needed to examine the accessibility, mobility, and benefits for a better equitable transit.

IoT Model for Production House Control from the Development of Wetland Commodity Start-up

Abstract A startup must have a realistic vision and a profitable business plan. It should be able to find customers willing to pay during the customer validation process. Products which customers are interested in must gain popularity consistently with repeatable and scalable startup business models. The aim of the research was to design an IoT model for production house control from the development of a Wetland Commodity Start-up. The business model was designed based on the concept of a Product-Service System (PSS) oriented towardscreating according to the wishes and needs of the users. The design thinking developed referredto 5 (five) stages of the process, namely Empathize, Define, Ideate, Prototype and Test. It was hoped the User would reach the stage of trying out the trial product after it had been made. Oneof the outputs was in the form of an IoT model implemented in an environmentally friendly wetland commodity production house. The advantages of this model were in terms of efficiency of electricity resources and smart monitoring based on mobile (Android & IoS). The power source was carried out in a hybrid manner, that is electricity from PLN and solar panels, so that it could detect quickly when a power outage occurred and then automatically switch according to the availability of electric power. Another advantage was smart monitoring. With this feature, the model was able to monitor and control nutrients so it was in sufficient ppm concentration according to the growth phase of the commodity.

Analisis Penerapan Biaya Volume Laba terhadap Perencanaan Laba Perusahaan (Studi Kasus pada Franchise C’bezt Fried Chicken Gedangan, Sidoarjo)

This research aims to analyze and calculate profit planning for the Cbezt Fried Chicken business in Gedangan, Sidoarjo. The research method used is descriptive qualitative. Primary data and secondary data were used in this research. Primary data was obtained through interviews and direct observation at Cbezt Fried Chicken. The research results show that to achieve the expected profit, the business unit needs to sell 14,557 pcs of fried chicken in 3 months or achieve revenue of Rp. 87,341,090. This means that daily sales must reach a minimum of 202 chickens or a daily sales target of Rp. 1,213,083 assuming selling days are 24 days a month. In conclusion, this research provides a clear view for business owners in planning sales strategies to achieve the expected profit targets. Keywords: CVP, Operating Leverage, Contribution Margin, Safety Margin

Break-Even Point and its Impact on Profit Planning in Educational Institutions: A Study Conducted in Lima, Peru, 2022

The break-even point is a technique for analyzing the relationship between costs, volumes and profits in organizations, which allows their managers to know quickly and economically the minimum units or amounts that their companies must sell in order not to generate losses, thus allowing them to plan their profits. Due to the pandemic caused by the Sars-Cov-2 (COVID-19 virus), virtual teaching became popular, which served as an opportunity for many teachers to start teaching courses; with time, these entrepreneurs paid attention to the importance of the break-even point for making decisions related to the opening of new sections of existing courses, or the implementation of new study programs. The objective of this study was to determine the impact of the break-even point in profit planning in educational institutions in Lima, 2022. The hypothesis was: the break-even point has an impact on profit planning in educational institutions in Lima, 2022. Through a quantitative approach study, applied type, explanatory level, non-experimental and cross-sectional design, data was collected from 91 entrepreneurs who carried out teaching activities on virtual platforms. The results obtained confirmed the influence of the break-even point calculation on profit planning in this context, modeling it with the following formula: profit planning=0.101+0.979 x break-even point. Received: 20 November 2023 / Accepted: 24 April 2024 / Published: 5 May 2024

Contribution Margin Analysis as a Tool for Profit Planning in the PT Labiva Jaya Utama Travel Services Business in Parepare

Contribution margin is the result of sales that have been reduced by all variable costs for production and marketing which can cover fixed costs and produce a profit in total per unit. This research aims to find out how to calculate the contribution margin and to be able to find out the contribution margin as a tool for profit planning. The method used in this research is a qualitative research method that uses a descriptive approach and data is also obtained from direct interviews and documentation. The research results show that the contribution margin of PT. Labiva Jaya Utama in 2020 amounted to IDR 79,760,000, in 2021 it amounted to IDR 87,850,000 and in 2022 it amounted to IDR 62,760,000. By calculating the margin, it makes it easier for the company to calculate the level of profit earned by the company each year.

Analisis Break Even Point dan Margin of Safety Sebagai Alat Perencanaan Laba Pada Usaha Tahu Sumber Mulya Kota Bengkulu

The purpose of this study was to determine the application of BEP and MOS as a profit planning tool in the Usaha Tahu Sumber Mulya in Bengkulu city. The data collection method used is unstructured interviews and documentation with qualitative and quantitative analysis methods using Break Even Point analysis. The results of the research, BEP the contribution ratio per unit of tofu was 41% with a business profit rate of 35.3% with a margin of safety of 86.1%. While the where the contribution ratio per unit of tofu was 49.2% with a business profit level of 44.1%, the level of security or margin of safety in 2022 was 89.8%. The use of BEP and Safety stock calculation provides an overview of the Usaha Tahu Sumber Multa in Bengkulu City, you can see the BEP for tofu production and safety stock in the warehouse, this is so that the production process continues and obtain the desired profit .

Driving Digital Transformation: Analyzing the Impact of Internet Banking on Profitability in the Saudi Arabian Banking Sector

This study examines the impact of Internet Banking on banking profitability in Saudi Arabia in a sample of conventional and Islamic banks. The study uses Return on Assets (ROA) and Return on Equity (ROE) as key metrics to measure profitability in a sample of 10 Saudi conventional and Islamic banks observed over the 2013–2022 period. The used regression analysis reveals a significant effect of Internet Banking on the profitability of both conventional and Islamic banks, as indicated by the ROA and ROE metrics. These findings have implications that underscore the strategic importance of adopting Internet Banking, emphasizing its substantial contribution to the financial performance of both conventional and Islamic banks in the Saudi Arabian banking landscape. This study offers critical insights into the strategic significance of Internet Banking for Saudi Arabian banks’ profitability and future planning, in line with the 2030 Vision goals. This research also supports informed decision making in the digital era, emphasizing the pivotal role of Internet Banking in shaping the future of the Saudi Arabian banking industry.

Sustainable vehicle allocation decisions under a vertical logistics collaboration setting

Enhancing vehicle utilization through a collaborative logistics approach allows businesses to contribute to the three pillars of sustainability by reducing fuel consumption and emissions, enhancing profit margins, and increasing customer satisfaction. This paper aims to introduce an Integer Linear Programming model for solving a vehicle allocation problem within a proposed vertical logistics collaboration setting. In this collaboration setup, production capacity allocation decisions are jointly made by collaborating customers and the logistics service provider, in order to create a more balanced and profitable logistics plan for all involved parties. Through the application of the proposed mathematical model, our numerical analyses illustrate the effects of the vertical logistics collaboration on the performance of transportation operations, including improved vehicle utilization rate and increased satisfied demand amount. Besides, we analyze the outputs of this operation related to the economic (by focusing on profit growth), environmental (by measuring the reduction in emissions), and social (by assessing the discounted transportation costs for customers) aspects of sustainability. To the best of our knowledge, no current study in the literature has established the vehicle allocation problem in the context of vertical logistics collaboration across all three sustainability pillars at the same time. The model can also serve as a tool for evaluating the potential economic, environmental, and social benefits arising from vertical collaboration and joint projects with customers, along with the support offered to logistics decisions.

Mobile Application for Data Acquisition in Livestock Farming Systems: Case Study of Goat Farming in East Java Indonesia

The lack of real data availability in the agricultural sector, especially in the livestock sub-sector, has the potential and opportunities for optimal data processing. Stakeholders in agriculture require accurate field data to minimize costs and save time for profit maximization. This study aims to enrich and record livestock goat data with the help of an application that will assist in the managerial process so that the data collected can be analyzed and used by stakeholders for fast and precise decision-making. The application was created using the prototyping method for both mobile and web platforms. The application prototype was evaluated on functionality testing using a black box method, which resulted in a success in application tests. The application successfully performed real-data recording on the Android platform, offered a user-friendly display of goat information, and enabled documentation of goat livestock data on the website. This study contributes to current research by making data recordings of goats using an Android application for farmers and stakeholders. This tool provides significant benefits by delivering real-time data, enhancing decision-making processes, and offering insights that could lead to increased profitability and strategic planning for future business endeavors.

The Influence of Profitability and Tax Planning on Earnings Management with Company Size as a Moderating Variable

This research aims to determine the effect of profitability on earnings management with company size as a moderating variable in cigarette sub-sector companies listed on the Indonesia Stock Exchange for the 2012-2021 period. The research object is a cigarette sub-sector company listed on the Indonesian Stock Exchange. Purposive sampling was used in sampling so that the remaining 3 company samples remained for the 10 year observation period. This research uses secondary data obtained from www.idx.co.id, www.gudanggaramtbk.com, www.sampoerna.com, and www.wismilak.com. Data analysis uses classical assumption tests, multiple linear regression analysis, hypothesis testing and Moderated Regression Analysis tests. The results of the study partially show that profitability and tax planning have no effect on earnings management. Simultaneously, profitability and tax planning have no effect on earnings management. Based on the results of the MRA interaction test, company size can moderate the effect of profitability on earnings management. However, company size cannot moderate the influence of tax planning on earnings management

Application Of Break Even Point (Bep) In Determining Profit Planning At Pt. Panorama Sentra Wisata Tbk

Break Even Point (BEP) analysis with profit planning has a strong relationship and can help companies determine optimal sales targets so that the company's goal of achieving maximum profits can be met. PT. Panorama Sentrawisata Tbk is a company that has gone public, it is hoped that the profits obtained will attract investors to invest in the company. For this reason, it is necessary to analyze the application of BEP in determining profit planning at PT. Panorama Sentrawisata Tbk. This research is quantitative with a descriptive approach. The data used in this research is secondary data. The data analysis method uses the BEP analysis tool which is equipped with MoS analysis. The level of data analysis carried out starts from cost classification, BEP analysis, and margin of safety. The research results obtained in achieving the 2023 profit plan of 80 billion are by selling a minimum of IDR. 2.727.418.455,56, with a Margin of safety or decline in sales that can be tolerated so that the Company is at the break-even point that it does not experience losses of IDR. 888,888,888.89 or 33%.

ANALISIS BREAK EVEN POINT SEBAGAI ALAT PERENCANAAN LABA PADA UD BUMI TANI KABUPATEN LUWU UTARA

This research aims to analyze the break-even point as a profit planning tool for UD. Bumi Tani in North Luwu Regency. The research variable is profit planning, measured through break-even point analysis. The study population consists of data related to break-even point analysis, including costs, sales, gross profit, and net profit for UD. Bumi Tani in North Luwu Regency during the period 2020-2022. The sample used encompasses the entire population under study, including data on costs, sales, gross profit, and net profit for UD. Bumi Tani in North Luwu Regency during the period 2020-2022. Data collection was conducted using documentation techniques and interviews. Data analysis employed the break-even point formula, margin of safety, and profit planning calculations. The research findings reveal the break-even point in 2020 amounted to Rp19,422,070,314, increasing by 34.7% to Rp26,160,792,733 in 2021, and further rising by 17.5% to Rp30,751,220,045 in 2022. The margin of safety in 2020 was 40.5%, increasing to 42% in 2021, and further rising to 45.1% in 2022. The profit planning results indicate a projected sales figure of Rp62,279,891,076 for the year 2023.