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QUANTITATIVE TECHNIQUES’ AND PRODUCTION PLANNING AND CONTROL: AN EMPIRICAL ANALYSIS OF PRACTICE BY SELECTED NIGERIAN SMALLSCALE INDUSTRIES (2002-2006)
Abstract
Empirically, analysis was made from results of 160 randomly chosen companies from eight purposively selected Nigerian small-scale industries to assess the available quantitative techniques (QTs) applicable to Production Planning and Control (PPC). It also examined whether, Qualitative Techniques are applied by the studied companies and the actual number of these companies that apply Qualitative Techniques, as well as factors inhibiting the use of Qualitative Techniques.A wide range of 11 Qualitative Techniques (QTs) tools were found to be applicable to Production Planning and Control with 35(23.2%) of the companies actually applying QTs. 3 factors were also found as inhibiting factors.
Keywords: Quantitative Technique, Production Planning and Control, Small-scale Industry.