3.2. Sensitivity analysis
The sensitivity of the final MFSP to specific parameters are
examined here. Fig. 6 shows the shows the results of the analysis
for the input-based parameters, including fuel yield, CAPEX, OPEX
and income tax.
An increment of 20% in fuel yield resulted in a decrease of 16.7%
in MFSP. A decrease of 20% on the other hand, resulted in an
increase of 25% in MFSP. An increase of 20% in OPEX and CAPEX
resulted in an increase of 12.7% and 7.3%, respectively and vice
versa. MFSP increased by 15.4% when income tax was increased
by 20%. On the other hand, MFSP decreased by 11.8% when tax
was decreased by 20%. These results imply that the profitability
of the proposed process is mostly sensitivity, by order of degree
of influence, by fuel yield, OPEX, income tax and CAPEX.