In today’s competitive business environment, companies are faced with a lot of problems such as setting goals, planning how these goals can be achieved, organization and control of how the available scarce resources can be used to satisfy the aim and objectives of the company. Every decision made determine if the company will maintain, increase or lose its market share in today’s competitive market. Thus, there is need for mathematical modeling tools to help in making the right decision. Although we have different mathematical techniques that can be used, Goal Programing technique is chosen in this study since it enables the decision to strive toward multiple objectives, thereby enable optimum use of resources. This paper is aimed at demonstrating the use of goal programing for financial management of a listed Industrial Goods Firm in Nigeria. The result shows that two out of the five formulated goals were met. The least expected total of revenue, expenses, asset and employer benefit should be 10.61 billion naira annually if the company wants to meet the asset and expenses goal.
The aim of this paper is to unravel the nature of some current problems in Nigeria as being wicked and ill structured. Since such problems are messy in nature, they cannot be handled by traditional research procedures. However, Operations Research offers dynamic models in which such squishy problems can be analyzed to reach satisfactory solutions. It is recommended in this paper that since Operations Research is an interdisciplinary scientific method for providing executives with quantitative basis for decision making; researchers in other fields of study outside mathematics should feel free to cash on this advantage to tackle wicked problems in their various fields.
Rivers are important natural resources that support the existence of humans and other living organisms right from time immemorial. Despite their significance to human livelihood; changes in their morphology can impact on the socio-economic, cultural and environmental values of the riparian environment. Therefore, this study focused on the perception of the impacts of morphological changes on the lower course of River Mayo-Inne, Yola South, Adamawa State, Nigeria. This was done with the view to examine the perceived impacts of morphological changes on riparian land uses; factors influencing morphological changes and estimate the land area affected by changes in river channel morphology of the study area. An integrated approach of remote sensing, GIS, questionnaire survey and interview, were employed in this study. Descriptive statistics such as percentage and sum were used to analyse the data sets. The results revealed that fishing activities, agricultural land, damage on crops, plantation and residential land use have high impacts in the study area. While grazing land and commercial land uses have medium and low impacts respectively. The perceived factors influencing morphological changes in the study area were: discharge 50.75%, sand mining 17.10%, channel bed siltation 13.15% and urbanization 6.80%; all of which provide 81% of the total response of people living in the riparian environments. The temporal analysis of satellite imageries from 1990 to 2015 revealed that the river channel area increased from 486.34ha to 594.90ha respectively; impacting riparian land uses through bank under cutting, chute cutoffs and meander migration...
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