Economics Value of Decision Choosing an Area for Growing Economic Crops

Abstract

This research is to study the economic worthiness in deciding on the area for growing economic crops. have an important purpose Analysis of cost and return on investment Factors affecting the decision to choose an area for selecting a planting area Using a mixed research model by using the location of all 3 economic crops as follows: including Photharam District, Ratchaburi Province, Dan Makham Tia District, Kanchanaburi Province and ​​Kamphaeng Saen District, Nakhon Pathom Province. The sample group is 3 entrepreneurs who economic crop with purposive sampling. An in-depth interview is used as a research tool. The data analysis consists of Single Exponential Smoothing used with Optimal ARIMA scoping and linear programming. The results of the research shows that 1) the analysis of return on investment for location selecting for growing economic crops are as follows: In the case, in Photharam District, Ratchaburi will have total expenses 5,881,000 baht, total income 9,642,500 baht, and a total net profit 3,761,500 baht in a period of 2 years. In the case, in Dan Makham Tia District, Kanchanaburi will have total expenses 13,216,000 baht, total income 19,285,500 baht, and a total net profit 6,069,000 baht in a period of 2 years. And in the case, in Kamphaeng Saen District, Nakhon Pathom Province will have a total cost 9,329,500 baht, a total income 14, 463, 7500 baht, and a total net profit 5,134,250 baht in a period of 2 years. 2) There are 8 factors affecting the choice of building a rose garden, namely net present value investment ratio, payback period, project return, workers expected to come to work, drivers expected to come to work, delivery time and the number of trucks. 3) Kamphaeng Saen District, Nakhon Pathom Province is the best place for economic crops because it can go through all the conditions.