Evaluation of the profitability of the production of corn tortilla in the State of Mexico

The corn dough and tortilla industry faces several problems, especially in the corn input that has undergone constant price f luctuations. Therefore, the aim of this study was to economically evaluate the corn dough and tortilla industry in the State of Mexico to determine its profitability. The inv...

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Detalles Bibliográficos
Autores: Rentería-Gómez, Isaura, López Santiago, Marco A., Domínguez-Pacheco, Flavio A., Hernández-Aguilar, Claudia, Zepeda-Bautista, Rosalba
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2018
País:México
Institución:UNIVERSIDAD AUTÓNOMA CHAPINGO
Repositorio:Revista Chapingo Serie Zonas Áridas
Idioma:español
OAI Identifier:oai:ojs2.revistas.chapingo.mx:article/679
Acceso en línea:https://revistas.chapingo.mx/zonas_aridas/article/view/r.rchsza.2017.10.006
Access Level:acceso abierto
Palabra clave:Tortillerías
valor presente neto
relación beneficio costo
tasa interna de retorno
net present value
benefit cost ratio
internal rate of return
Descripción
Sumario:The corn dough and tortilla industry faces several problems, especially in the corn input that has undergone constant price f luctuations. Therefore, the aim of this study was to economically evaluate the corn dough and tortilla industry in the State of Mexico to determine its profitability. The investment project evaluation method was used to obtain financial indicators such as the Net Present Value (NPV), the Internal Rate of Return (IRR) and the Benefit Cost Ratio (BCR). The information was obtained during 2015 by means of a survey of 367 mills and tortillerías (tortilla shops) in the state. The analysis was divided by type of establishment, main raw material used in the production process and size of the establishment. According to the results, the most profitable tortillerías are the ones that use corn and nixtamalized f lour as raw material. It was also found that large and medium-sized companies are more profitable than small ones. In conclusion, small tortillerías are the most sensitive to variations in corn prices.