Feed-forward control system, Managerial Accounting

Feed-forward control system

Feed-forward control system describes a system in which deviations in the system are anticipated in a forecast of future results, so that corrective actions can be taken in advance of any deviation actually occurring. Examples of feed forward control systems include:

•    Critical Path Analysis
•    Cash budget

Posted Date: 12/7/2012 7:52:15 AM | Location : United States







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