Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method

Invasive tree species continue to spread, so in addition to strategies to limit this their use in the production of innovative products must be considered. This research aimed to develop and apply a model for calculating the cost price of invasive wood products considering the specificities of mater...

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Autores principales:	Jože Kropivšek, Matej Jošt, Petra Grošelj, Manja Kitek Kuzman, Mirko Kariž, Maks Merela, Dominika Gornik Bučar
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	fuzzy time-driven activity-based costing (FTDABC) wooden products invasive non-native wood species black locust Plant ecology QK900-989
Acceso en línea:	https://doaj.org/article/02484455dd0d4d6f9e1add2fc0504114
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spelling	oai:doaj.org-article:02484455dd0d4d6f9e1add2fc05041142021-11-25T17:38:12ZInnovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method10.3390/f121115191999-4907https://doaj.org/article/02484455dd0d4d6f9e1add2fc05041142021-11-01T00:00:00Zhttps://www.mdpi.com/1999-4907/12/11/1519https://doaj.org/toc/1999-4907Invasive tree species continue to spread, so in addition to strategies to limit this their use in the production of innovative products must be considered. This research aimed to develop and apply a model for calculating the cost price of invasive wood products considering the specificities of materials and production process, and is suitable for quickly assessing the economic feasibility of using the selected tree species for a given product. The TDABC method with the inclusion of fuzzy logic was used to incorporate the uncertainty of time and quality parameters. In the model, the imprecise values of these parameters are represented with triangular fuzzy numbers. Using a furniture product (dining table) made of black locust wood as an example, we demonstrated the applicability of the developed model. We found that the most probable cost price of a table made of black locust wood is comparable to the price of a product made of oak wood. In this way, we proved the potentially high economic value of invasive wood. The innovative products from invasive non-native wood species can achieve a high added value due to their visual characteristics and attractive appearance. Such use could increase interest in the (more efficient) management of invasive tree species, which would help to manage and use them efficiently. For further research, it would be useful to apply the proposed model to other invasive tree species as well as to other products.Jože KropivšekMatej JoštPetra GrošeljManja Kitek KuzmanMirko KarižMaks MerelaDominika Gornik BučarMDPI AGarticlefuzzy time-driven activity-based costing (FTDABC)wooden productsinvasive non-native wood speciesblack locustPlant ecologyQK900-989ENForests, Vol 12, Iss 1519, p 1519 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	fuzzy time-driven activity-based costing (FTDABC) wooden products invasive non-native wood species black locust Plant ecology QK900-989
spellingShingle	fuzzy time-driven activity-based costing (FTDABC) wooden products invasive non-native wood species black locust Plant ecology QK900-989 Jože Kropivšek Matej Jošt Petra Grošelj Manja Kitek Kuzman Mirko Kariž Maks Merela Dominika Gornik Bučar Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method
description	Invasive tree species continue to spread, so in addition to strategies to limit this their use in the production of innovative products must be considered. This research aimed to develop and apply a model for calculating the cost price of invasive wood products considering the specificities of materials and production process, and is suitable for quickly assessing the economic feasibility of using the selected tree species for a given product. The TDABC method with the inclusion of fuzzy logic was used to incorporate the uncertainty of time and quality parameters. In the model, the imprecise values of these parameters are represented with triangular fuzzy numbers. Using a furniture product (dining table) made of black locust wood as an example, we demonstrated the applicability of the developed model. We found that the most probable cost price of a table made of black locust wood is comparable to the price of a product made of oak wood. In this way, we proved the potentially high economic value of invasive wood. The innovative products from invasive non-native wood species can achieve a high added value due to their visual characteristics and attractive appearance. Such use could increase interest in the (more efficient) management of invasive tree species, which would help to manage and use them efficiently. For further research, it would be useful to apply the proposed model to other invasive tree species as well as to other products.
format	article
author	Jože Kropivšek Matej Jošt Petra Grošelj Manja Kitek Kuzman Mirko Kariž Maks Merela Dominika Gornik Bučar
author_facet	Jože Kropivšek Matej Jošt Petra Grošelj Manja Kitek Kuzman Mirko Kariž Maks Merela Dominika Gornik Bučar
author_sort	Jože Kropivšek
title	Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method
title_short	Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method
title_full	Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method
title_fullStr	Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method
title_full_unstemmed	Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method
title_sort	innovative model of the cost price calculation of products from invasive non-native wood species based on the ftdabc method
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/02484455dd0d4d6f9e1add2fc0504114
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Innovative Model of the Cost Price Calculation of Products from Invasive Non-Native Wood Species Based on the FTDABC Method

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