The Marine Corps Consolidated Memorandum Receipt (CMR) is the method that is used to keep accountability of assets that are owned by the Marine Corps. Over a fiscal year (October-September), Responsible Officers focus their efforts on manual asset accountability at a minimum of once every quarter. This method of by-hand accountability is labor- and time-intensive. This additional time and labor saps valuable time that could be spent on training and refining critical warfighting skills. This thesis models the current CMR process model (As-Is) and a Radio Frequency Identification (RFID) enhanced process model (To-Be) utilizing Savvion business process modeling software. The output of this modeling is used to feed a Monte Carlo simulation, which is then analyzed in terms of time and cost. The researchers demonstrate that there are potential benefits to be gained if the Marine Corps adopted an RFID-enhanced process model. The RFID-enhanced process model has the potential to be fifteen times more efficient than the As-Is process model in terms of time. These efficiencies lead to a labor-hour cost savings of approximately $31,000 per instance of implementation when considering a communications company CMR of 770 items. The researchers recommend that physical trials be conducted to confirm the effectiveness of the use of RFID technology in the CMR accountability process.