Application of Quantitative Techniques and Performance of Small and Medium Enterprises (SMEs) in Nigeria

The study was conducted to examine the influence of quantitative techniques application on performance of SMEs in Nigeria. The survey research design was adopted in this study because data were collected using primary technique. SMEs in Uyo metropolis were considered for the study. The population of this study was made up of one thousand and ninety-three (1093) SMEs in Uyo metropolis, Akwa Ibom State. The sample size was determined using Taro Yamene's approach which was two hundred and ninety-three (293). Data were collected using questionnaire structured. The dependent variable was Performance (PF) while the independent variables were quantitative techniques represented by Linear Regression (LR) and Linear Programming (LP). From the outcomes of the analyses, it was discovered that LR,LP had positive and significant influence on PF of SMEs in Uyo metropolis. It was concluded that quantitative measures application had positive and significant influence on performance of SMEs in Nigeria. However, it was recommended that more quantitative measures should be applied in SMEs for the purpose of raising the performance indicators of the enterprises.