Business Optimization of Shrimp Farming in Indonesia (The Case of Bumi Dipasena Lampung)

Abstract

This study aims to determine the relationship between the level of output produced with the inputs used in conducting shrimp farming on Bumi Dipasena with samples of input and output of shrimp farming in Block 7 Foxtrot, Bumi Dipasena Jaya in 2017. The methodology in this study uses regression Cobb-Douglas production function. The results of this study are that the condition of shrimp farming on Bumi Dipasena block 7 Foxtrot for the 2017 period when viewed from the results is in a decreasing return to scale condition so that the addition of inputs for fries, medicinal feed and fuel is optimal and even unable to increase production output again.

Keywords: Business optimization, Cobb douglas, Production function.

DOI: 10.7176/JRDM/58-05

Publication date: August 31^st 2019