Material Flow Cost Accounting (MFCA) – Tool for the Optimization of Corporate Production Processes
Material Flow Cost Accounting (MFCA) – Tool for the Optimization of Corporate Production Processes
Author(s): Jaroslava Hyršlová, Jiří Palásek, Miroslav VágnerSubject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: material flow; cost accounting; material flow cost accounting; production; material costs
Summary/Abstract: The paper focuses on the Material Flow Cost Accounting method (hereinafter the “MFCA”). It presents an application of the MFCA within a manufacturing plant of the largest manufacturer of ceramic tiles in the Czech Republic – the company Lasselsberger. It shows the importance of data acquired from the MFCA system as well as their application for an optimization of manufacturing processes for specific conditions of a manufacturing plant of the company.
Journal: Business, Management and Education
- Issue Year: 9/2011
- Issue No: 1
- Page Range: 5-18
- Page Count: 14
- Language: English