Risk analysis under Monte Carlo simulation for a beef industrialization project

 

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Autor: Paniagua Molina, Javier
Format: artículo
Estat:Versión publicada
Data de publicació:2018
Descripció:A risk analysis was carried out using Monte Carlo simulation for a project to establish a slaughtering plant for cattle and pigs in the Northern Zone of Costa Rica. The most sensitive risk variables were the prices of the slaughter tickets and the capacity of the plant for the first 4 years of operation.  The response variables of the simulation model were the NPV and the TIR and both in dynamic scenarios of 1000 simulation runs were very similar to those obtained in the static scenario. The coefficient of variation for the NPV was 24.63% and for the IRR of 9.02%, likewise in no case was there any negative probability of return. The previous risk measures suggest that the project presents an average risk represented by the significant variability in flows, but with no probability of obtaining a negative return. 
Pais:Portal de Revistas TEC
Institution:Instituto Tecnológico de Costa Rica
Repositorio:Portal de Revistas TEC
Idioma:Español
OAI Identifier:oai:ojs.pkp.sfu.ca:article/3649
Accés en línia:https://revistas.tec.ac.cr/index.php/eagronegocios/article/view/3649
Paraula clau:Risk analysis
Monte Carlo simulation
meat industry
Análisis de riesgo
simulación Monte Carlo
industria de carne