Economic and financial feasibility analysis combined with Monte Carlo simulation for the installation of a bagasse dryer in a juice industry

Key Points

• To evaluate the economic and financial feasibility of installing a bagasse dryer in a juice production facility using Monte Carlo simulation.
• Conducted economic analysis of bagasse dryer installation
• Applied Monte Carlo simulation for risk assessment
• Analyzed financial metrics such as ROI and payback period
• The investment shows a favorable return on investment (ROI) under specific conditions.
• Monte Carlo simulation indicates a high probability of financial success.
• Analysis identifies key financial risks associated with the installation.

Abstract