Folalu, A.A (2020) Assessing the Strategies of Production planning and Inventory control in Selected Hotels in Lagos State. In: 2nd International Conference, Virtual, 10th – 11th Nov., 2020, The Federal Polytechnic, Ilaro.
![[img]](http://eprints.federalpolyilaro.edu.ng/style/images/fileicons/text.png) |
Text
2ND INTL CONFERENCE.pdf Download (273kB) |
Abstract
A descriptive and cross-sectional study was conducted among hundred workers in selected hotels in lagos State to assess the strategies of production planning and inventory control in hotel industry. A semi-structured questionnaire was used to obtain information on the bio-data/socio-economic characteristic and assess the various strategies involves in production planning and inventory control and the ways in which production planning and inventory can reduces operational cost in the study area. Data obtained was analyzed using statistical package for social science (SPSS V.20). The results showed that more than half of the respondents (68%) agreed that production planning gives the hotels the survival strength to cope with external threat and almost (59%) of the respondents attested that accurate inventory helps to maintain production planning in the hotel industry and also proper production planning prior to incurring of materials reduces operational cost which is one of the way in which its reduces operational cost in the study area .The study suggests that hotel management should understand that inventory control is very important for any successful production planning.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mr Taiwo Egbeyemi |
| Date Deposited: | 11 Oct 2022 11:13 |
| Last Modified: | 11 Oct 2022 11:13 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/2030 |
Actions (login required)
 |
View Item |
