Goal Programming Model for Capital Budgeting Investment of Lithium Accumulator Production Unit for Motorcycle

Issue of lithium battery technology has widely discussed in recent years. Currently, the use of lithium batteries has been so close to the life of the community such as the use of public road lighting, solar power plants, handy talky, and accumulator for the motorcycle. To commercials, those accumulators need some preparations such as feasibility study, market research, and capital budgeting. Feasibility study and market research has been done in the previous, so this paper is doing the third step that is capital budgeting. Capital budgeting uses to allocate capital for some complicated project by the existence of multiple and conflicting goals. Those projects related to the company's goals to minimize costs that are contrary to the objectives of quality improvement, meeting the needs of space, production capacity, warehouse capacity, etc. This research uses a goal programming approach for capital budgeting commercialization and production of lithium accumulator and demonstrates via an in-depth case example of a production problem.