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Friday, 29 May 2015

Economic Model for the Production of Spirit, Inulin and Syrup from the Locally Eco-friendly Agave Americana

Volume 28, 2015, Pages 173–178
3rd CIRP Global Web Conference - Production Engineering Research — Advancement beyond state of the art (CIRPe2014)
Open Access

Economic Model for the Production of Spirit, Inulin and Syrup from the Locally Eco-friendly Agave Americana

Under a Creative Commons license

Abstract

Less than 3% Agave americana L. plant matrix constitute biodegradable fibers. In order to improve the economic viability of the plant, there is need to commercialize other products from the heart of the plant. The Analytic Hierarchy Process (AHP) was used to analyze a set of factors that affect agave production as well as possible alternatives by finding one with the best rating based on the given preferences. Each product's benefit to cost ratios was evaluated using data extracted from the economic model. Inulin offers the better benefit to cost ratio compared to agave spirit and inulin.

Video abstract

Keywords

  • Economic model;
  • SPSS;
  • AHP;
  • Parameter;
  • Criteria;
  • Alternatives;
  • Pina;
  • Eco-friendly;
  • Agave;
  • Benefit to cost ratio

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Selection and peer-review under responsibility of the International Scientific Committee of the “3rd CIRP Global Web Conference” in the person of the Conference Chair Dr. Alessandra Caggiano.

Corresponding author. Tel.: +27-21-808-4234; fax: +27-21-808-4245.