THE PROBLEMS OF ACQUISITION AND REPLACEMENT OF PLANT AND EQUIPMENT IN A MANUFACTURING INDUSTRY A CASE STUDY OF ANAMBRA MOTOR MANUFACTURING COMPANY LIMITED ENUGU.

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ABSTRACT

This research is a study of the problems of acquisition and replacement of plant and equipment in a manufacturing industry. It is aimed at examining the activities involved in the production process with a view to using it in determining whether or not resources were fully utilized. It is also aimed at discovering the bottlenecks and weakness in the operations of manufacturing firms using Anambra motor manufacturing company limited as a case study.

This study has five chapters, which were combined to bring out all the ideals for a comprehensive work.

Chapters one contains general ideas of the study. It introduced the study and laid the foundation for the other chapters that appear in the other parts of the study. It contains three hypothesis which were tested in chapter four for statistical significance.

Chapter two reviewed related literature on the evolution of capital goods and investment appraisal techniques to be used in capital budgeting.

However, chapter three is on the research methodology, population size, sample size and measuring instrument used in the study. To make the study possible, survey research method was used based on the sample size of fifty two respondents.

Questionnaires were used as the research instruments administered, data collected, analyzed and interpreted in chapter four.

Chapter five deals specifically with summary, conclusion and recommendation

TABLE OF CONTENT

Title Pagei

Approval Pageii

Dedicationiii

Acknowledgementiv

Abstractvi

Table of Contentviii

CHAPTER ONE

1. OIntroduction1

1.1Background of the Study1

1.2Statement of Problem5

1.3Objectives of the Study6

1.4Significance of the Study8

1.5Scope of the Study9

1.6Research Hypothesis10

1.7Definition of Terms12

CHAPTER TWO

2.0Review of Related Literature13

2.1Evolution of capital Goods12

2.2Replacement16

2.3The Concept of Capital Budgeting19

2.4Financing of Capital Assets24

2.5Foreign Exchange27

2.6Capacity Utilization of Machinery and Equipment30

CHAPTER THREE

3.0Research Design and Methodology37

3.1Sources of Data37

3.2Determination of Sample Size39

CHAPTER FOUR

4.0Presentation, Analysis and Interpretation of Data45

4.1Presentation and Analysis45

CHAPTER FIVE

5.0Summary of Findings Conclusion

and Recommendation74

5.1Summary of Findings74

5.2Conclusion74

5.3Recommendation75

5.4Limitation of the Study.78

References79

Appendix81

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THE PROBLEMS OF ACQUISITION AND REPLACEMENT OF PLANT AND EQUIPMENT IN A MANUFACTURING INDUSTRY A CASE STUDY OF ANAMBRA MOTOR MANUFACTURING COMPANY LIMITED ENUGU.

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