TEAR DOWN ANALYSIS TECHNIQUE IN SMALL AND MEDIUM SCALE ENTERPRISES (SMES) IN LAGOS INDUSTRIAL METROPOLIS

Abstract

The paper assessed the relationship that existed between tear down analysis technique and product quality and product cost of small and medium scale enterprises in Lagos Industrial Metropolis. Questionnaires were administered on this survey and data analyzed using the Analysis of Variance and Regression. Results showed that there was a positive and moderate relationship between tear down analysis technique and product quality. However, there was an inverse (negative) relationship between tear down analysis and product cost. The study concluded that the tear down analysis technique was an efficient tool for enhancing product quality and also for effective product cost reduction of the product