Using time-driven activity-based costing to improve the managerial activities of academic libraries

Kissa, Barbara; Stavropoulos, Antonios; Karagiorgou, Dimitra; Tsanaktsidou, Elisabeth

doi:10.1016/j.acalib.2019.102055

Cited by 11 publications

(19 citation statements)

References 21 publications

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“…Kissa et al have applied the TDABC method to the lending processes at the UoM library, Greece. 28 All of the above researchers conclude that the TDABC method seems to be a cost management technique that provides credible cost information for the most important library services.…”

Section: Literature Reviewmentioning

confidence: 98%

Exploring the Cost Effectiveness of Services in Academic Libraries: A Case Study with the Use of Time-Driven Activity-Based Costing

Kissa,

Georganta,

Gounopoulos

et al. 2024

CRL

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Over the past decade, the financial crisis has led to reduced government funding for academic libraries in Greece. Now more than ever, it is imperative for library managers to improve their knowledge and understanding of cost behavior, in order to effectively deliver high quality services at decreasing costs. To do so, they need to apply clearly-defined costing methods, such as Time-Driven Activity-Based Costing (TDABC), that allow them to identify the various costs involved in the library processes. In our study, we applied the TDABC method at the medium-sized library of the University of Macedonia (UoM), in Thessaloniki, Greece, to evaluate the costs of the Inter-library Loans (ILL) services. Since the library managers did not adopt a cost allocation method, the cost estimation of the UoM ILL services was rather simplistic and rudimentary. Our research provides empirical evidence of the advantages of TDABC in an academic library setting. Namely, the TDABC method can help library administrators decide how to successfully allocate the available resources and improve the efficiency of the library processes.

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Section: Literature Reviewmentioning

confidence: 98%

Exploring the Cost Effectiveness of Services in Academic Libraries: A Case Study with the Use of Time-Driven Activity-Based Costing

Kissa,

Georganta,

Gounopoulos

et al. 2024

CRL

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“…An extensive review of ABC and work decomposition methods for analyzing offshore operating cost category was provided in [15]. A case study of time-driven ABC method for keeping the library's activities, resources and costs under control was presented in [16].…”

Section: B Related Workmentioning

confidence: 99%

Eco-Cost Analysis of Split Air-Conditioner Using Activity-Based Costing Method

Liu

Yang³

et al. 2020

IEEE Access

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Split air conditioner (SAC) plays a critical role for temperature control of buildings. In recent years, the manufacturing process of SAC tends to consider energy-saving and environmental protection factors to reduce air pollution and alleviate energy crisis. However, the design of environmental-friendly SAC will increase the manufacturing cost, thereby increasing the burden on airconditioning companies. Therefore, the eco-cost analysis of SAC is of great significance for air conditioner manufacturers. To this end, a new SAC eco-cost assessment method based on activity based costing method is innovatively proposed in this paper. In this method, a K-nearest neighbor algorithm is used to deal with the missing data in SAC samples. An environmental and non-environmental cost assessment approach is developed based on the activity-based costing method to estimate the eco-cost of SAC over its whole life cycle. In addition, the impact of energy efficiency deviation on SAC eco-cost is numerically analyzed. Finally, the proposed ecocost assessment method is programmed on a Gabi software, and validated using real SAC data from a Chinese airconditioning company. Simulation results show that the proposed method can provide an estimate of the eco-cost of SAC, thus helping airconditioning companies to improve their competitiveness in the future where energy-saving and emission reduction are increasingly important. INDEX TERMS Eco-cost analysis, split air conditioner, life cycle assessment, activity-based costing method, Gabi software.

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“…There is an increasing number of papers on the application of TDABC (Adigüezel & Floros, 2019; Afonso & Santana, 2016; Gonzalez, Nachtmann, & Pohl, 2017; Keel, Savage, Rafiq, & Mazzocato, 2017; Kissa, Stavropoulos, Karaglorgou, & Tsanaktsidou, 2019). However, there is a lack of research on the use of simulation to support TDABC.…”

Section: Time‐driven Activity‐based Costingmentioning

confidence: 99%

Probabilistic time‐driven activity‐based costing

Sánchez

Batista

2020

J Corp Accounting Finance

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This article proposes a Probabilistic Time-driven Activity-based costing model. Time consumption is represented using probabilistic variables and Monte Carlo simulation technique is used to forecast total cost. The simulation experiments provide data to estimate a confidence interval for the total cost of a cost object. Hence, simulation can easily address variations in time forecasts and provide a more realistic characterization of total cost. The definition of the number of resources (e.g., employees) as decision variables allows analyzing alternatives and answer "what-if questions". The proposal would be very useful for an operation manager in analyzing uncertain scenarios and providing information indicating under what conditions different cost estimates are feasible.

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Using time-driven activity-based costing to improve the managerial activities of academic libraries

Cited by 11 publications

References 21 publications

Exploring the Cost Effectiveness of Services in Academic Libraries: A Case Study with the Use of Time-Driven Activity-Based Costing

Exploring the Cost Effectiveness of Services in Academic Libraries: A Case Study with the Use of Time-Driven Activity-Based Costing

Eco-Cost Analysis of Split Air-Conditioner Using Activity-Based Costing Method

Probabilistic time‐driven activity‐based costing

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