Case review and direction of future development: A systematic literature review on Material Flow Cost Accounting (MFCA)OMARBEIT*
Material flow cost accounting (MFCA) is a tool designed to enhance waste management and provide an estimation of inefficiencies in production process. The existing literature reviews are mostly focusing on its historical development, framework designing and potential extending. In this paper we provide an overview of the case studies conducted and current theoretical extensions proposed, in order to summarize the common characteristics of its adoption and directions for future development. By reviewing we identified that MFCA is generally viewed as industrial engineering tool for productivity improving purpose, and its effectiveness on improving cost accuracy remains as research gap. Thus, we proposed a method to integrate MFCA with Activity-Based Costing as additional contribution to MFCA research.