Evaluation of Production System Effectiveness of Selected Industries in Nigeria
Autor: | Yakubu A. J., Kareem B., Akinnuli B. O. |
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Jazyk: | angličtina |
Rok vydání: | 2023 |
Předmět: | |
DOI: | 10.5281/zenodo.7919440 |
Popis: | The need to evaluate production industries demands the development of a model at resolving sustainable productivity challenges. The attributes (internal and external) of industrial failure were determined using questionnaire administration and oral interview of industrial experts in five (5) selected production companies in Nigeria. Production System Effectiveness (PSE) factors: Availability A, Performance P and Quality Q were determined using Traditional Approach (APQ) in order to arrive at manageable decision making criteria. Initial measures of APQ were based on the input internal factors (manpower, machine, material, energy, management, information / communication, money and marketing), while sustainability decisions were determined using sustainability trend, globally acceptable and industrial revolution standards. Computer program were developed for rapid implementation of the model. The model was tested using data (weighted and normal) from the stated companies to determine their sustainability performances, while paired t-test statistic was used to test the levels of significant difference between weighted (WPSE) and normal (PSE) at 5 % . The results indicated varying optimum decisions which were influenced by the nature/types of competition, risk and standards of measurement. Statistical result showed that there was a significant difference between the normal and weighted PSE; p (0.007 < 0.05). However, the differences had little or no effect on sustainable decision making in all companies investigated. {"references":["Adenikinju, A. F. (2005): African Imperatives in the New World Order: Country Case Study of the Manufacturing Sector in Nigeria, in O.E. Ogunkola A. and Bankole (eds.), Nigeria's Imperatives in the New World Trade Order. Nairobi. African Economic Research Consortium and Ibadan: Trade Policy Research and Training Programme.","Agbu, O. (2007): The Iron and Steel Industry and Nigeria's Industrialization: Exploring cooperation with Japan. Institute of developing economics, Japan external trade organization.","Akinnuli B. O. Yakubu A. J. and Adeyemi A. A. (2015): Computer Aided System for Uni-functional Job Shop Machine Selection Based on Production Cost and Technology Advancement'. Advances in Research 5(3: Pp1-12.","Central Bank of Nigeria (2012): Annual Report and Statement of Accounts.","Dal B., Tugwell P. and Greatbanks R (2000): Overall equipment effectiveness as a measure of operational improvement, International Journal of Operations & Production Management, vol. 20, no. 12, pp. 1488–1520.","Dejan M., Bahman R., Svetlana N. and Marinko M. (2021): Forecasting hierarchical time series in supply chains: an empirical investigation. International Journal of Production Research. https://doi.org/10.1080/00207543.2021.1896817","Fayomi O. S., Akande I. G., Processo R. T., and Ongbali S. O. (2019): Sustainable need in Manufacturing Industry in Nigeria toward Quality, Policy and Planning. Cite as: AIP Conference Proceedings 2123, 020072 (2019); https://doi.org/10.1063/1.5116999","Frendall, L. D. J, Patterson J. W and Kneedy W. J. (1997): Maintenance modeling its strategic impact, Journal of Managerial Issues, vol. 9, no. 4, pp. 440-448, 1997.","International Institute for Sustainable Development [IISD] (1992): Business Strategy for Sustainable Development: Leadership and Accountability for the 90s, in conjunction with Deloitte & Touche and the World Business Council for Sustainable Development.","Jill Atkins, Federica Doni, Andrea Gasperini, Sonia Artuso, Ilaria La Torre and Lorena Sorrentino (2022): Exploring the Effectiveness of Sustainability Measurement: Which ESG Metrics Will Survive COVID‑19? Journal of Business Ethics https://doi.org/10.1007/s10551-022-05183-1 August 2022. Pp 1-18."]} |
Databáze: | OpenAIRE |
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