7
A project planning should include a feasibility study based on
(A) . Economics
(B) . Social
(C) . Technical
(D) . commercial
Choose the correct answer from the options given below:
EXPLANATION
Data Logging & Virtual Instrumentation
- Feasibility Study Dimensions in Food Processing Project Planning:
- comprehensive agro-industrial project feasibility assessment requires holistic evaluation across four core dimensions:
- Economic / Financial: Evaluates Net Present Value (NPV), Internal Rate of Return (IRR), Benefit-Cost Ratio (BCR), and payback period.
- Social / Environmental: Analyzes community employment impact, local livelihood benefits, and environmental clearances.
- Technical: Evaluates process engineering viability, raw material availability, processing machinery capacities, and utility infrastructure.
- Commercial / Market: Evaluates target product demand, pricing strategy, distribution logistics, and competitive positioning.
- Conclusion: (A), (B), (C) and (D) (Option 3).
Correct option: (3) (A), (B), (C) and (D).
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