The TAC is calculated as:
$$\textrm{TAC} = K D \frac{r}{2}$$
where \(K\) is estimated unfished biomass, \(D\) is depletion, and \(r\)
is the estimated intrinsic rate of increase.
Like all SRA methods, this MP requires a time-series of catch extending from the
beginning of exploitation.
References
McAllister, M.K., Pikitch, E.K., and Babcock, E.A. 2001. Using
demographic methods to construct Bayesian priors for the intrinsic rate of
increase in the Schaefer model and implications for stock rebuilding. Can.
J. Fish. Aquat. Sci. 58: 1871-1890.