Optimum Sustainable Yield
In population ecology and economics, optimum sustainable yield is the level of effort ( LOE) that maximizes the difference between total revenue and total cost. Or, where marginal revenue equals marginal cost. This level of effort maximizes the economic profit, or rent, of the resource being used. It usually corresponds to an effort level lower than that of maximum sustainable yield. In environmental science, optimum sustainable yield is the largest economical yield of a renewable resource achievable over a long time period without decreasing the ability of the population or its environment to support the continuation of this level of yield, and enables an ecosystem to have a high aesthetic value. This concept is widely used specifically in the management of fisheries, where surplus fish are removed so the population stays at its carrying capacity The carrying capacity of an ecosystem is the maximum population size of a biological species that can be sustained by that specific e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Population Ecology
Population ecology is a sub-field of ecology that deals with the dynamics of species populations and how these populations interact with the environment (biophysical), environment, such as birth rate, birth and death rates, and by immigration and emigration. The discipline is important in conservation biology, especially in the development of population viability analysis which makes it possible to predict the long-term probability of a species persisting in a given patch of habitat. Although population ecology is a subfield of biology, it provides interesting problems for mathematicians and statistics, statisticians who work in population dynamics. History In the 1940s, ecology was divided into autecology—the study of individual species in relation to the environment—and Community ecology, synecology—the study of groups of species in relation to the environment. The term autecology (from Ancient Greek language, Ancient Greek: :wikt:αὐτο, αὐτο, ''aúto'', "self"; ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Level Of Effort
In project management, level of effort (LOE) is a support-type project activity that must be done to support other work activities or the entire project effort. It usually consists of short amounts of work that must be repeated periodically. Examples of such an activity may be project budget accounting, customer liaison, or oiling machinery during manufacturing. Since an LOE activity is not itself a work item directly associated with accomplishing the final project product, service or result, but rather one that supports such work, its duration is based on the duration of the discrete work activity it is supporting—oiling machinery will start when manufacturing starts and finish when it finishes. As a result, an LOE activity should never be on the critical path of the Schedule (project management), project schedule, as it never of itself adds time to the project. Rather, manufacturing would be on the critical path, and the oiling activity would become shorter or longer only ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Maximum Sustainable Yield
In population ecology and economics, maximum sustainable yield (MSY) is theoretically, the largest yield (or catch) that can be taken from a species' stock over an indefinite period. Fundamental to the notion of sustainable harvest, the concept of MSY aims to maintain the population size at the point of maximum growth rate by harvesting the individuals that would normally be added to the population, allowing the population to continue to be productive indefinitely. Under the assumption of logistic growth, resource limitation does not constrain individuals' reproductive rates when populations are small, but because there are few individuals, the overall yield is small. At intermediate population densities, also represented by half the carrying capacity, individuals are able to breed to their maximum rate. At this point, called the maximum sustainable yield, there is a surplus of individuals that can be harvested because growth of the population is at its maximum point due to the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carrying Capacity
The carrying capacity of an ecosystem is the maximum population size of a biological species that can be sustained by that specific environment, given the food, habitat, water, and other resources available. The carrying capacity is defined as the environment's maximal load, which in population ecology corresponds to the population equilibrium, when the number of deaths in a population equals the number of births (as well as immigration and emigration). Carrying capacity of the environment implies that the resources extraction is not above the rate of regeneration of the resources and the wastes generated are within the assimilating capacity of the environment. The effect of carrying capacity on population dynamics is modelled with a logistic function. Carrying capacity is applied to the maximum population an environment can support in ecology, agriculture and fisheries. The term carrying capacity had been applied to a few different processes in the past before finally being appl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |