Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolio
An accounting system helps to provide information for planning and control of production. This article presents a Life Cycle Costing by using an Activity Based Costing approach of an innovative forestry company. In order to perform a cradle-to-gate assessment the study covers the forest and industri...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Centre of Sociological Research, Szczecin, Poland
2021-04-01
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| Series: | Economics, Management and Sustainability |
| Subjects: | |
| Online Access: | https://jems.sciview.net/index.php/jems/article/view/118 |
| _version_ | 1819229369315360768 |
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| author | Achille-B. Laurent Robert Beauregard Sophie D'Amours |
| author_facet | Achille-B. Laurent Robert Beauregard Sophie D'Amours |
| author_sort | Achille-B. Laurent |
| collection | DOAJ |
| description | An accounting system helps to provide information for planning and control of production. This article presents a Life Cycle Costing by using an Activity Based Costing approach of an innovative forestry company. In order to perform a cradle-to-gate assessment the study covers the forest and industrial activities of the forest product processing. The costs of each product in the portfolio are determined by the treatment activities they undergo. The inventory covers several years of activity of the company, which makes it possible to calculate the uncertainty of the average results with Monte Carlo simulation presented in the result section. Based on the results a products portfolio analysis was performed to identify the development progress phases of the mains products to support the product rollover strategy decision. |
| first_indexed | 2024-12-23T11:12:05Z |
| format | Article |
| id | doaj.art-51192acd0c1840f6afa4667c83e38cad |
| institution | Directory Open Access Journal |
| issn | 2520-6303 |
| language | English |
| last_indexed | 2024-12-23T11:12:05Z |
| publishDate | 2021-04-01 |
| publisher | Centre of Sociological Research, Szczecin, Poland |
| record_format | Article |
| series | Economics, Management and Sustainability |
| spelling | doaj.art-51192acd0c1840f6afa4667c83e38cad2022-12-21T17:49:19ZengCentre of Sociological Research, Szczecin, PolandEconomics, Management and Sustainability2520-63032021-04-016162610.14254/jems.2021.6-1.1Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolioAchille-B. Laurent0https://orcid.org/0000-0003-2783-266XRobert Beauregard1https://orcid.org/0000-0002-0781-7625Sophie D'Amours2https://orcid.org/0000-0003-3278-4949TransLucid Consulting, translucid.euLaval University, Department of Wood and Forest Sciences, Québec, QC, CanadaLaval University, Department of Mechanical Engineering, Québec, QC, CanadaAn accounting system helps to provide information for planning and control of production. This article presents a Life Cycle Costing by using an Activity Based Costing approach of an innovative forestry company. In order to perform a cradle-to-gate assessment the study covers the forest and industrial activities of the forest product processing. The costs of each product in the portfolio are determined by the treatment activities they undergo. The inventory covers several years of activity of the company, which makes it possible to calculate the uncertainty of the average results with Monte Carlo simulation presented in the result section. Based on the results a products portfolio analysis was performed to identify the development progress phases of the mains products to support the product rollover strategy decision.https://jems.sciview.net/index.php/jems/article/view/118product portfolio analysisactivity-based costinglife-cycle costingengineered wood products |
| spellingShingle | Achille-B. Laurent Robert Beauregard Sophie D'Amours Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolio Economics, Management and Sustainability product portfolio analysis activity-based costing life-cycle costing engineered wood products |
| title | Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolio |
| title_full | Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolio |
| title_fullStr | Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolio |
| title_full_unstemmed | Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolio |
| title_short | Activity-Based Life-Cycle Costing applied to an innovative forestry company product portfolio |
| title_sort | activity based life cycle costing applied to an innovative forestry company product portfolio |
| topic | product portfolio analysis activity-based costing life-cycle costing engineered wood products |
| url | https://jems.sciview.net/index.php/jems/article/view/118 |
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