Material Valuation And Control In A Manufacturing Organization

(A Case Study Of Rokana Industry Plc Nekede Owerri)

5 Chapters
|
71 Pages
|
12,862 Words

The need for holding material is inherent in any business organization. The space of the material will be properly controlled and valued so that objective of carrying or maintaining adequate stock levels at minimum cost can be realized.
Hence, the study of material evaluation and control in a manufacturing firm like Rokana Industry Plc has been grouped into the following sector to enhance the success of the work.
The introductory chapter deals with the meaning of material cold its components in a manufacturing organization, as well as valuation. It also cover the method of controlling material and the dangers cold advantages inherent in each of them.
Chapter two examines the related texts that the project written was able to come across. In this chapter, the study looked at the central of materials and the method employed in so doing. It further examined the need for material, various stock and methods of material valuation.
Considering the nature of the study, and the company a lot of data were generated. Both primary and secondary data were used it is based on this third chapter tiled “Research methodology” stated the source of data collected, categorizing them into primary and secondary.
The former was achieved through the use of such instruments as introduction, research, designs, questionnaire design, sampling and selection, other method used such as observation and survey. Source of data and statistical techniques used in analyzing the data.
In chapter four, the data collected were presented, analyzed and interpreted. Firstly, an introduction of the method, data collection followed by the results of the interview concluded. The data were then analyzed and interpreted.
Finally, chapter revealed the findings of summary made from the research, recommendation were drawn and the conclusion were based on the findings with a view to ensuring effective material valuation and control.

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Title page i
Approval page ii
Dedication iii
Acknowledgment iv-v
Abstract vi-vii
Table of contents vii-ix

CHAPTER ONE
Introduction 1
1.0 Background of the study 1-4
1.1 Statement of the problem 4-6
1.2 Objectives of the study 6
1.3 Significance of the study 7-8
1.4 Statement of hypothesis 8-9
1.5 Scope of the study 9
1.6 Limitation of the study 10
1.7 Definitions of professional terms 11-15

CHAPTER TWO
Literature Review 16
2.1 Introduction 16-19
2.2 Material Controls 20-21
2.3 Material Control Methods 21-23
2.4 Need and Reason for Keeping Material 23-26
2.5 Stock levels 26-30
2.6 Material Models 30-37
2.7 Material Valuations 38-50
2.8 Store Management Techniques 50-51

CHAPTER THREE
Research Methodology 52
3.1 Introduction 52
3.2 Research Design 52-53
3.3 The Questionnaire Design 53-54
3.4 Population / Sample Design 54-56
3.5 Sources of Data 56-57
3.6 Data Collection Techniques 57-58
3.7 Method of Data Analysis 58-59

CHAPTER FOUR
Presentation and Analysis of Data 60
4.0 Introduction 60-61
4.1 Data Analysis 61-66
4.2 Testing of Hypothesis 66-67
4.3 Decision Rule 68-69
4.4 Discussion on Major Data 69

CHAPTER FIVE
Summary, Recommendation and Conclusion 70
5.0 Introduction 70
5.1 Summary of Findings 70-72
5.2 Recommendation 72-74
5.3 Conclusion 74-75
Bibliography 76
Appendix 77-80

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