LINEAR PROGRAMMING AS TOOL FOR RESOURCE ALLOCATION IN THE PRINTING AND PUBLISHING INDUSTRY IN NIGERIA
LINEAR PROGRAMMING AS TOOL FOR RESOURCE ALLOCATION IN THE PRINTING AND PUBLISHING INDUSTRY IN NIGERIA
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Date
2003-10
Authors
KOLAWOLE, OLADELE OLUGBENGA
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Abstract
This research work examined three problems: applicability of the linear programming
method of allocating scarce resources to the allocation problems printing firms in Nigeria
and its challenges; the use of the method to appropriately allocate scarce resources in
the printing industry; and the determination of any other method of allocation used in
the industry.
To achieve these objectives, the researcher formulated the research hypotheses.
Primary data were obtained through questionnaires, interviews, and direct observation
of procedures. Secondary data were obtained from texts, journals and other unpublished
works. The data obtained through questionnaires were analysed and interpreted using
the percentage method. In order to test the hypotheses, the researcher used the Chisquare
method of statistical analysis. Other data were tested using the linear
programming methods (simplex and graphical).
It was found out that linear programming is applicable to the allocation problems of a
printing firm; that it can also be used to appropriately allocate their scarce resources for
the achievement of optimality; that many printing firms prefer other methods tike
mental judgement and the use of budgets for allocating their resources; and that many
firms were not using such mathematical models because of in-exposure, and sheer
unwillingness to change from the old method.
It was recommended, among other things, that printing firms in Nigeria should adopt
the use of linear programming method for resource allocation; that more academic
institutions in the country should include Printing Technology in their curriculum; that
the government should get involved in the regulation of printing standards in the
country and that operators of printing houses should employ well-educated staff.
Description
A THESIS SUBMITTED TO
THE POSTGRADUATE SCHOOL, AHMADU BELLO UNIVERSITY, ZARIA
IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF
MASTER OF SCIENCE DEGREE IN ACCOONTING AND FINANCE
Keywords
LINEAR PROGRAMMING AS TOOL,, RESOURCE ALLOCATION,, PRINTING AND PUBLISHING INDUSTRY,, NIGERIA