11 both high and low populations, reaching a maximum at some intermediate biomass. These three factors can be combined to yield a general func- tional relationship between the population in time period t and mature progeny in time period t + 1. This relationship is described by the h(P) function shown in Figure 1. The h(P) function corresponds to the actual production of mature progeny. For example, if the population at time t is equal to P1, the mature progeny entering in the fishery will be equal to MP,. The r(P) function is the replacement line representing the production of progeny necessary to maintain the population at its present level. r(P) C MP I I 450 I I I I I p p* p p Population (t) 1 max N Figure 1. Relationship between population size and mature progeny A population of P1 need only produce MPr progeny to maintain itself. The difference between MP1 and MPr (A B in Figure 1) cor- responds to a yield of fish which can be harvested while maintaining