Allocative Efficiency Of Palm Oil Processing Mills In Ikeduru And Ahiazu Mbaise
ABSTRACT
The study analyzed the allocative
efficiency of palm oil processing mill in Ikeduru and Ahiazu Mbaise Local
Government Area both in Imo state, Nigeria. The study presents the result of
analysis, collected on 60 palm oil mill operators by the aid of randomized
sampling technique in the study area. The study showed, that the study area is
dominated by males still in their most productive years of life, married with
large household size, educated and experienced. The analysis showed that the
enterprise is profitable by returning N1.25k for every N1.00 spent. Apart from
land that is underutilized, all other resources which comprises of fuel, labor,
water, other capital inputs as well as maintenance cost were all over utilized.
Therefore, to attain absolute efficiency there should be decrease Ln the use of
fueL, Labour, water, other capital inputs, milling plant as well as maintenance
cost.
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OPARA, C (2021). Allocative Efficiency Of Palm Oil Processing Mills In Ikeduru And Ahiazu Mbaise. Mouau.afribary.org: Retrieved Sep 20, 2024, from https://repository.mouau.edu.ng/work/view/allocative-efficiency-of-palm-oil-processing-mills-in-ikeduru-and-ahiazu-mbaise-7-2
CHUKWUEMEKA, OPARA. "Allocative Efficiency Of Palm Oil Processing Mills In Ikeduru And Ahiazu Mbaise" Mouau.afribary.org. Mouau.afribary.org, 10 Aug. 2021, https://repository.mouau.edu.ng/work/view/allocative-efficiency-of-palm-oil-processing-mills-in-ikeduru-and-ahiazu-mbaise-7-2. Accessed 20 Sep. 2024.
CHUKWUEMEKA, OPARA. "Allocative Efficiency Of Palm Oil Processing Mills In Ikeduru And Ahiazu Mbaise". Mouau.afribary.org, Mouau.afribary.org, 10 Aug. 2021. Web. 20 Sep. 2024. < https://repository.mouau.edu.ng/work/view/allocative-efficiency-of-palm-oil-processing-mills-in-ikeduru-and-ahiazu-mbaise-7-2 >.
CHUKWUEMEKA, OPARA. "Allocative Efficiency Of Palm Oil Processing Mills In Ikeduru And Ahiazu Mbaise" Mouau.afribary.org (2021). Accessed 20 Sep. 2024. https://repository.mouau.edu.ng/work/view/allocative-efficiency-of-palm-oil-processing-mills-in-ikeduru-and-ahiazu-mbaise-7-2