Peranan Capital Budgeting dalam Pengambilan Keputusan Investasi Pembelian Mesin Baru
Daftar Isi:
- The condition of old production machine caused productivity reduction to textile companies in Bandung for the last years. The risk of business shutting and severance of work relation in large amount may happen due to the problem. The investment of new machine can be done to increase the company productivity so that the risk of the company shutting and severance can be handled. Investment activity needs a good decision making progress, because it is related to the using of an enormous financial capital and also contain business risk in a long term. Capital budgeting can be done to support management in the investment decision making process, especially from quantity side. Related to the matter, the writer had done research about capital budgeting role in investment decision making. Capital budgeting model that is used in this research is payback period, accounting rate of return, net present value, and internal rate of return. The result by using the four models in the research is the investment plan of buying new machine by PT. HUT considered available to be done. However, the result of using the four capital budgeting models also needs to be supported from quality side, so that the result of the decision which has been taken could be better. The marking from quality side is influenced by the surrounding condition, the condition of competitor’s company, and technology development.