Inventory Control and Performance of Manufacturing Company

ADEMOLA, EMMANUEL AKINYELE AND OYELEYE, TEMIDAYO FLORENCE

Department of Accountancy

Federal Polytechnic Ilaro Ogun State

Email: demoladelord2003@yahoo.com

ABSTRACT

This paper examined the cost benefit analysis of inventory control in manufacturing industries and to known the effect or challenges facing manufacturing companies and how it can be handled. The researchers made use of secondary data from SOSACO Nigeria Plc. The method used monthly descriptive EOQ (economic order quantity) model, to determine the optimal order quantity via the used of Economic Order Quantity (EOQ) which is an optional policy that would provide adequate inventory level when needed at the minimum total   cost of ordering cost and the Economic Production Quantity (EPQ) which is the quantity demand of goods produced by the company to the economic. The method that was used to analyze  this data  was the EOQ model and EPQ model It was discovered that though the companies guide against ordering material that will effectively minimize the cost in an optimal way nevertheless the manufacturing companies could still do better if all cost that is associated to the production are minimized. The conclusion on this, show that the survival of any company manufacturing organization depends, to some extend on the inventory level being kept by the company. The recommendations  made is that the company should adopt the EOQ and the EPQ model so as to adequately tackle the problem of sub-optimization, which result when the factor is under-utilize.


A Comparative Study of Leadership Effectiveness and Accountability in Public and Private Sector Governance in Nigeria


ALAO, ESTHER MONISOLA

Department of Business Studies

Landmark University Omuaran, Kwara State

Email: monisolaalao@gmail.com

ABSTRACT

This study is aimed at comparing the leadership process in the public and private sectors with a view to benchmarking approaches that can enhance performance in the public sector. The study is descriptive and combines secondary data with interview of key personnel in both sectors. Findings indicate that the private sector is guided by rules, aims at compulsory attainment of set goals in line with organization’s mission. Failure may attract query, transfer, salary cuts or termination of job which is strange to the public sector since they have no specific set goals, operate under a free rein to produce inefficiency, lack of transparency and accountability marked with high level of corruption. The study affirms these attitudes as responsible for some of the challenges pursuing Nigeria’s economic woes and therefore suggests a need for redirection of governance process. The posture of leadership in Nigeria can be more effective if monitoring and controls are instituted to check excesses while rules and standards are enforced.


Managerial Competencies by an Entrepreneur for Achieving Business Success in Economic Downturn

IBRAHIM ABUBAKAR MIKUGI, USMAN BABA UMAR & MUHAMMAD HAMISU SHAFII

Department of Business Administration and Management

The Federal Polytechnic, Bida, Niger State, Nigeria

Email: tatafoundation@hotmail.com

ABSTRACT                                       

No business can survive, grow or develop without efficient and effective entrepreneurial practices. It can be posited that without entrepreneurship (which involves the conceptualization, birth, growth and development of new enterprises) there would be no serious business development in any economy. Competencies as a broader concept are regarded as networks of capabilities and other firm assets, and can be used for both internal and external industry comparisons. Most entrepreneurs find it difficult to stand the taste of time because of absence of managerial ability which contributes highly to the failure of their businesses. This paper examines the need to develop managerial competencies by entrepreneurs to explore the means of surviving in business through effective management in economic downturn. The researcher employs a qualitative research approach through theoretical analysis of some conceptual definitions and review of related literature. The key to successful entrepreneurship are discussed to mean the managerial competencies which are in-built skills entrepreneurs must hunt for, and utilize in order to outperform their competitors thereby achieving the motive of profit maximization. The paper concludes that managerial competencies must be stress by entrepreneurs to enable them contribute optimally to the economic development of the society. Recommendations were given which include the need for effort to be intensity by integrating managerial competencies in teaching manuals of entrepreneurship development programmes in our tertiary levels of education.


Table of Contents

Environmental Health and Disease Prevalence in Selected Communities

within Addo-Odo/Ota LGA, Ogun State, Nigeria

Simon, R. Funsho, Akinpelu, P. Olusegun, Iselewa O. Eunice                                                  1 – 19

Pollution Index of Some Lakes in Ibadan Metropolis, Oyo State, Nigeria

Abiaziem, C. V. and Adewole, A.                                                                                             20-30              

Architectural Elements of Hotel Lobbies Preferences that Enhance Patronage

Yawate Vahyala Elisha & Zachariah Bako Zinas                                                                    31-43

Evaluation of Cost Variation in Substructural Works of Buildings              

(Case Study of Katsina Mass Housing Abuja)

Abdulrahman Rilwan Shuaibu & AbdulrahmanHassan Shuaibu                                                          44-55

Survey of Fueltype/Energy Utilization Pattern in Urban Area of Jos, Plateau

State Nigeria

Umaru Auwalu N. Adamu M. Babayo, Bello Muhammed M. Hassan Bilkisu                                    56-73

Construction Cost Indices and Sources (CCIS): A Summary of Some International Sources as Guide in Nigeria

Usman Muhammad Danjuma, Alamu F. Bosede and Umesi O. Ruth                                                 74-84


CONSTRUCTION COST INDICES AND SOURCES (CCIS): A SUMMARY OF SOME INTERNATIONAL SOURCES AS GUIDE IN NIGERIA

Usman Muhammad Danjuma, Alamu F. Bosede and Umesi O. Ruth

Department of Quantity Surveying

The Federal Polytechnic, Bida, Bida

ABSTRACT

Construction cost indices and sources (CCIS) are terms that have been echoed around the world by researchers and practitioners alike. Many governments all over the world have intervened in the construction industry with the aim of improving efficiency and saving public funds. The objective of the paper is to educate the government on construction cost indices and to improve a better understanding of the construction cost sources. This paper define cost index in simple terms; highlight the factors to be considered in constructing an index and uses of cost index/applications. It also articulate cost indices philosophies as input indices, output indices, hybrids, building cost and tender price indices. The development of various construction cost sources was investigated. Some sources provide adjustment factors for locations and others provide adjustments for time. Availability of CCIS may not be a panacea to all the problems in the construction industry but it will surely make it better. It was concluded that project promoters and estimators to carefully assess the situation at hand and prior to selection of an applicable cost index for a preliminary cost estimating exercise. A major recommendation from the research was that, a workable construction cost indices Data Bank that would be well articulated and managed be put in place in the country for accurate and reliable data storage and accessibility at all times.


SURVEY OF FUELTYPE/ENERGY UTILIZATION PATTERN IN URBAN AREA OF JOS, PLATEAU STATE NIGERIA

1Umaru Auwalu N. 2Adamu M. Babayo, 2Bello Muhammed M. 3Hassan Bilkisu

1Department of Architecture, University of Jos, Jos

2Department of Architecture, Abubakar Tafawa Balewa University Bauchi

3Department of Architecture, College of Environmental Studies, Kaduna Polytechnic

Email:ayola3@gmail.com

ABSTRACT

Several fuel have been used for domestic cooking through history ranging from solid to liquid  and  gaseous  forms,  Renewable  and  non-renewable,  each  coming  with  an associated  problem,  ranging  from  environmental  pollution  to  depletion  of  material reserve. Today the rising prices of energy (cooking fuel) and fear of sustainability of renewable sources has been a major concern over the years. This study enumerated and documented the existing domestic cooking fuel-type and utilization pattern in Anguwan Rogo/Anguwan Rimi in Jos. A quantitative research method was adopted; through a field and randomized selection of 385 respondents using face-to-face interview format through structured questionnaire, . The data collected was analyzed using descriptive statistics. The results of the field survey revealed substantial difference in the fuel-type utilization patterns of the household and household dwellers qualities. Accordingly, the result indicated the fuel-type energy utilization pattern as; fire wood 33%, charcoal 12%, Kerosene 46%, electricity 5% and Gas (LPG) show 4%.


EVALUATION OF COST VARIATION IN SUBSTRUCTURAL WORKS OF BUILDINGS (CASE STUDY OF KATSINA MASS HOUSING ABUJA)


Abdulrahman Rilwan Shuaibu& Abdulrahman Hassan Shuaibu2

Department of Quantity Surveying, Federal University of Technology, Minna

2Civil Engineering Department, Federal University of Technology, Minna

Email: ridwanshuayb1@gmail.com & ahas92@yahoo.com

ABSTRACT

No matter how detailed and precise a Bill of Quantities (BOQ) is, variations are inevitable. Information regarding the extent to which these variations affect construction cost are very scanty especially for sub structural works. This research evaluates the cost variation in sub-structural works of building projects (Katsina mass housing estate). Systematic random sampling technique was used and a total of 74 numbers of duplexes was taken as the sample size out of 107. Data were sorted from the BOQ for the project and thorough physical re-measurement of sub-structural works was estimated. Consequently the mean of each sub structural works were calculated from which the percentage cost variation of each item of work in substructure were determined. Sub-structural components which are largely dependent on prices of goods  like cement and reinforcement had marginal variation while others  which are dependent on ground conditions like back filling, laterite filling had gross variations. Comparing the means for both measured and re-measured costs showed that the difference was significant.


ARCHITECTURAL ELEMENTS OF HOTEL LOBBIES PREFERENCES THAT ENHANCE PATRONAGE 

Yawate Vahyala Elisha1 & Zachariah Bako Zinas2

1Department of Architecture, MAUTECH, Yola, Nigeria

2Department of Architecture, MAUTECH, Yola, Nigeria

Email: vahyalayawat@gmail.com  

ABSTRACT

The lobby of a hotel building is the first port of call to such a building hence the first interior impression of the building is generated. Various literature reviews suggest that a stimulating physical environment has the potential to make a positive impact on customers’ perceptions and behavior. However, there is lack of data pertaining to the physical environment that emphasizes attractiveness of hotel lobbies that will enhance patronage. This study aimed at providing solutions to comfortable and aesthetically pleasing hotel lobbies. The objective of this study is to examine which variations of five lobby architectural elements are preferred by hotel guests and thus, ascertain how these elements affect their overall behaviors toward the total hotel’s environment. The elements were chosen based on observations of existing hotel lobbies in Yola, Adamawa State, Nigeria and reviews of related literature. The study used questionnaire method.  Opposing variations of each element were looked at during the data collection. The findings of the study revealed large scale lobby; hard material (tiles) for floor finishing; stucco for wall finishing; seating type (sofas /seats /chairs) arranged in group and service areas (bar, dining and shop) are preferred. Variations of hotel lobby’s architectural elements proved that all the five architectural elements have significant impact in enhancing patronage. It is recommended among others that the architects and interior designers should be encouraged to design a hotel lobby that will ensure good and lasting memory for hotel guests and visitors alike.


POLLUTION INDEX OF SOME LAKES IN IBADAN METROPOLIS, OYO STATE, NIGERIA

1Abiaziem, C. V. and 2Adewole, A.

1Department of Science Laboratory Technology, Federal Polytechnic, Ilaro, Ogun State

2Department of Science Laboratory Technology, Federal Polytechnic, Ilaro, Ogun State

Email: vyvycox@yahoo.com

ABSTRACT

Lake water is a sink for different waste discharge and effluents; hence it is a good indicator of environmental pollution. Studies were carried out on the quality of some lake water in Ibadan to ascertain the extent of pollution. The following lakes were sampled and analyzed; Agodi, Awba, Eleyele and IITA lakes. In this regards, four sampling points were selected for each lake and the following parameters were analyzed; temperature, pH, total solids, total dissolved solids, total suspended solids, oil and grease, dissolved oxygen, biochemical oxygen demand, chemical oxygen demand, alkalinity, total hardness, nitrate, chloride, ammonia, sulphate and phosphate using standard analytical methods. The results of the analyses showed that the pH of the lake water ranged from 8.0±0.02 to 8.3±0.05. Other values of range are: Total Solids – 330±26 to 730±51mg/L; DO-1.93±0.06 to 7.64±0.46mgO2/L; BOD – 5.7±0.4 to 11±1.0mgO2/L; COD – 130±5.3 to 160±9.2mgO2/L; Total hardness – 99±2.2 to 160±3.7mg CaCO3/L. The results of the analyses indicate that most of the physico-chemical parameters of the water sample were within the WHO and Federal Environmental Protection Agency (FEPA) maximum permissible limits for drinking water. They are not high enough to be hazardous.


ENVIRONMENTAL HEALTH AND DISEASE PREVALENCE IN SELECTED COMMUNITIES WITHIN ADDO-ODO/OTA LGA, OGUN STATE, NIGERIA 

Simon, R. Funsho1, Akinpelu, P. Olusegun2, Iselewa O. Eunice3

1, 2 Department of Urban and Regional Planning, Bells University of Technology, Ota, Nigeria

3Department of Sociology, Kaduna State University, Kaduna, Nigeria

Email: funshosimon@yahoo.com

ABSTRACT

There are certain diseases that are most prevalent among certain human living environment or community. Such includes cholera and malaria diseases that occur from time to time Iju community and other three in this study are typical Nigerian localities that malaria has become an epidemic problem. This study therefore sets out to investigate the most prevailing environmental related diseases in four proximate communities of Iju, Igboloye, Obere and Onibukun all within Ado-Odo/Ota local government. The research’s aim was achieved through a quantitative research method by which two hundred randomly sampled populations were drawn and the subsequent enquiry across the community through a direct questionnaire method. The generated data were processed using the statistical package for the social sciences (SPSS) from which findings has revealed that malaria is most prevalent nagging disease in the selected communities. Investigation further indicated some common factors as causes of malaria among which are poor physical environment and ignorance of how to handle the challenge. The study unveiled that low educational status population or person earns a poor living which in turns has implication on proper living condition of his environment. The study concludes that much work still needs to be done in research and by the government with the intention to taming the ugly ravaging situation in the communities. The employment of both orthodox and traditional medicine is suggested as combat tools on the malaria ravaged society.


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