Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Feedback control and feedforward control
- This topic has 3 replies, 2 voices, and was last updated 4 years ago by
John Moffat.
- AuthorPosts
- December 22, 2020 at 11:02 am #600558
What term describes: ‘the forecasting of differerences between actual and planned outcomes, and the impementation of action, before the event, to avoid such differences?
Sir the correct answer is feedforward control but I’m wondering how this could be possible because I thought that feedback control is when they compare the actual and planned performances
Have I gone wrong somewhere in the theory sir?
Because I usually think that feedback control is comparing actual and planned performance whereas feedforward control is comparing planned and budgeted performance
December 22, 2020 at 2:16 pm #600571Feedback control is taking action when something has gone wrong. Variance analysis is an example of this – if there was an adverse variance last month then we try and correct the problem for future months.
Feedforward control is forecasting in advance that something is going to go wrong, and taking action to try and avoid things going wrong. For example, a supplier might inform us that they are going to increase their prices so we might change our plans and decide to use a different supplier.
December 24, 2020 at 8:17 am #600791Oh ok so which one is more useful sir
Feedback control or feedforward control
Is feedforward more useful sir because actions can be taken before something goes wrong unlike feeback
December 24, 2020 at 6:01 pm #600818They are both useful. Certainly we want to take action before something goes wrong, but things can still go wrong and so we want to take action when we find out that they have gone wrong.
- AuthorPosts
- You must be logged in to reply to this topic.