Description
An index target MP where the TAC is modified according to current index levels (mean index over last 5 years) relative to a target level. Maximum annual changes are 10 per cent.
Usage
IT10(x, DLM_data, reps = 100,yrsmth=5,mc=0.1)
Arguments
x
A position in a data-limited methods data object
DLM_data
A data-limited methods data object
reps
The number of stochastic samples of the quota recommendation
yrsmth
The number of historical years over which to average the index
mc
The maximum fractional change in the TAC among years.
Value
A numeric vector of TAC recommendations