INVENTORY MANAGEMENT PRACTICES ON PERFORMANCE OF HOTELS IN FAKO DIVISION
Abstract
Inventory management practices are key activities which every business must attempt to carry out with care as this affect the business daily operation and its efficiency. This study is out to investigate the effect of inventory management practices on the performance of Hotels in the Fako Division of Cameroon.
The study employed a descriptive research design and used structured questionnaire as its main data collection instrument. A purposive sampling technique was used to sample 60 respondents from 30 classified Hotels within Fako. Data was analyzed using descriptive and inferential statistics where a Pearson correlation and multiple regression analysis were used with the help of the Statistical Package for Social Sciences version 25.
The results showed that Economic Order Quantity and Always Better Control analysis both share a strong relationship with the performance of hotels in Fako and that the two variables pose significant effect measured at 5% level of significant on return on investment of hotels in Fako.
However, the results proved that Just in Time inventory management does not share any significant relationship with the performance of hotels nor pose any significant effect thereon. The study did not observe any significant relationship nor effect between age of the hotel and performance.
The study concluded that inventory management pose positive effect on the performance of hotels in Fako and recommends all hotels and businesses to adopt appropriate inventory management practices in order to benefit from return on investment.
Read More: Transport & Logistics Project Topics with Materials
| Project Details | |
| Department | Transport & Logistics |
| Project ID | TnL0054 |
| Price | Cameroonian: 5000 Frs |
| International: $15 | |
| No of pages | 80 |
| Methodology | Descriptive |
| Reference | yes |
| Format | MS word & PDF |
| Chapters | 1-5 |
| Extra Content | table of content, questionnaire |
This is a premium project material, to get the complete research project make payment of 5,000FRS (for Cameroonian base clients) and $15 for international base clients. See details on payment page
NB: It’s advisable to contact us before making any form of payment
Our Fair use policy
Using our service is LEGAL and IS NOT prohibited by any university/college policies. For more details click here
We’ve been providing support to students, helping them make the most out of their academics, since 2014. The custom academic work that we provide is a powerful tool that will facilitate and boost your coursework, grades and examination results. Professionalism is at the core of our dealings with clients
Leave your tiresome assignments to our PROFESSIONAL WRITERS that will bring you quality papers before the DEADLINE for reasonable prices.
.
For more project materials and info!
Contact us here
OR
Click on the WhatsApp Button at the bottom left
Email: info@project-house.net
INVENTORY MANAGEMENT PRACTICES ON PERFORMANCE OF HOTELS IN FAKO DIVISION
| Project Details | |
| Department | Transport & Logistics |
| Project ID | TnL0054 |
| Price | Cameroonian: 5000 Frs |
| International: $15 | |
| No of pages | 80 |
| Methodology | Descriptive |
| Reference | yes |
| Format | MS word & PDF |
| Chapters | 1-5 |
| Extra Content | table of content, questionnaire |
Abstract
Inventory management practices are key activities which every business must attempt to carry out with care as this affect the business daily operation and its efficiency. This study is out to investigate the effect of inventory management practices on the performance of Hotels in the Fako Division of Cameroon.
The study employed a descriptive research design and used structured questionnaire as its main data collection instrument. A purposive sampling technique was used to sample 60 respondents from 30 classified Hotels within Fako. Data was analyzed using descriptive and inferential statistics where a Pearson correlation and multiple regression analysis were used with the help of the Statistical Package for Social Sciences version 25.
The results showed that Economic Order Quantity and Always Better Control analysis both share a strong relationship with the performance of hotels in Fako and that the two variables pose significant effect measured at 5% level of significant on return on investment of hotels in Fako.
However, the results proved that Just in Time inventory management does not share any significant relationship with the performance of hotels nor pose any significant effect thereon. The study did not observe any significant relationship nor effect between age of the hotel and performance.
The study concluded that inventory management pose positive effect on the performance of hotels in Fako and recommends all hotels and businesses to adopt appropriate inventory management practices in order to benefit from return on investment.
Read More: Transport & Logistics Project Topics with Materials
This is a premium project material, to get the complete research project make payment of 5,000FRS (for Cameroonian base clients) and $15 for international base clients. See details on payment page
NB: It’s advisable to contact us before making any form of payment
Our Fair use policy
Using our service is LEGAL and IS NOT prohibited by any university/college policies. For more details click here
We’ve been providing support to students, helping them make the most out of their academics, since 2014. The custom academic work that we provide is a powerful tool that will facilitate and boost your coursework, grades and examination results. Professionalism is at the core of our dealings with clients
Leave your tiresome assignments to our PROFESSIONAL WRITERS that will bring you quality papers before the DEADLINE for reasonable prices.
.
For more project materials and info!
Contact us here
OR
Click on the WhatsApp Button at the bottom left
Email: info@project-house.net
