THE IMPACT OF PRODUCTION PLANNING AND CONTROL ON THE OPERATIONAL COST OF MANUFACTURING INDUSTRY IN NIGERIA (A STUDY OF NESTLE NIGERIA PLC., AGBARA, OGUN STATE)

Ezekiel, Evelyn Ilamosi (2019) THE IMPACT OF PRODUCTION PLANNING AND CONTROL ON THE OPERATIONAL COST OF MANUFACTURING INDUSTRY IN NIGERIA (A STUDY OF NESTLE NIGERIA PLC., AGBARA, OGUN STATE). JOURNAL OF BUSINESS AND EDUCATIONAL POLICIES, 15 (1). pp. 119-127.

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Abstract

This research work was carried out to determine the impact of production planning and control on the operational cost of manufacturing industry in Nigeria taking Ogun state as a proxy. Nestle Nigeria PLC, Agbara was used as case study. A simple random techniques was adopted to obtain data from 80 respondent as sample size whereby 80 were returned with a population of 400. Three hypothesis were tested to identify the significant effect of production planning and c ontrol on operational cost, organizational effectiveness and profitability of manufacturing firms. Data for this study was analyzed using statistical package for social sciences (SPSS) and simple linear regression method of inferential statistics using the T Statistics of correlation co - efficient and linear regression coupled with the generated P Value. The finding reveals that there is a positive and significant relationship between production planning and control and profitability of manufacturing firms. It was concluded that the effectiveness of the production process depends on the operational planning level of development. The study recommends that Nigeria manufacturing firms must be seriously involved in effective and formal planning of production activity and implementation.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Faculty of Law, Arts and Social Sciences > School of Humanities
Depositing User:	Unnamed user with email [email protected]
Date Deposited:	03 Jun 2021 08:57
Last Modified:	03 Jun 2021 08:57
URI:	http://eprints.federalpolyilaro.edu.ng/id/eprint/1458

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