ECONOMIC VIABILITY OF HYDROPONIC IMPLANTATION IN ALFACE CULTURE

Abstract

AS A CONSEQUENCE OF THE POPULATION INCREASE THERE HAS BEEN A NEED TO PRODUCE MORE IN A SMALLER SPACE OBSERVING THE CARE WITH THE ENVIRONMENT. THUS, MAN HAS BEEN LOOKING FOR NEW FORMS OF CULTIVATION SUCH AS HYDROPONICS. THE PRESENT WORK AIMS TO EVALUATE THE ECONOMIC VIABILITY OF HYDROPONIC IMPLANTATION IN LETTUCE CULTURE. THE FOLLOWING VIABILITY ANALYSIS METHODS WERE USED: NPV, TIR AND PAY BACK. AFTER THE ANALYSIS OF THESE THREE TOOLS, IT IS VERIFIED THAT IT IS ECONOMICALLY FEASIBLE TO IMPLEMENT A HYDROPONIC PROJECT IN THE LETTUCE CROP, IN WHICH THE INVESTMENT CAME TO SHOW A FINANCIAL RETURN IN LESS TIME THAN A YEAR, BEING ABLE TO PRODUCE PROFITS FROM THE FIRST YEAR OF PRODUCTION. THEREFORE, IT IS NOTEWORTHY THAT THIS IS A TOTALLY ECONOMICALLY VIABLE CROP FOR HYDROPONIC CULTIVATION.