An index target MP where the TAC is modified according to current index levels (mean index over last yrsmth years) relative to a target level. Maximum fractional annual changes are mc.
mc=(5+M*25)/100
yrsmth=4*(1/M)^(0.25)
Usage
ITM(x, DLM_data, reps = 100)
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