The mathematical representation of the net external force on a system is $\vec F_{net} = \frac {d\vec P}{dt}$, which is the rate of change of linear momentum of the system. If we substitute $\vec P = m\vec v$ into the formula for force and differentiate, we get:$$\vec F_{net} = m\frac{d\vec v}{dt} + \frac {dm}{dt}\vec v.$$ What do the terms $m$, $\frac{d\vec v}{dt}$, $\frac {dm}{dt}$, $\vec v$ mean exactly? Could you use rocket propulsion as an example to explain the meaning of these terms? I have an idea of what each of these could be in this case, please check whether they are right or wrong. Here, the system I am choosing is the total mass of the rocket and the ejected gas and the term "rocket" refers to the rocket and the gas present in the rocket.
$m$ is the total mass of the rocket at any given instant.
$\frac{d\vec v}{dt}$ is the rocket's acceleration at a given instant in time.
$\frac {dm}{dt}$ is the rate at which the gas is ejected out of the rocket to propel it.
$\vec v$ is the rocket's velocity at any given instant(I am especially not sure of this one, but the same goes for the others.). Thank you for answering.
A message to the community regarding the question suggested: The question suggested does not answer my query as it does not convincingly explain what each of the terms in the formula is, and only seeks to know the difference between the formula in the rocket equation and the one I seek to use. And most importantly, it fails to convince me why I can not use my equation to solve for solving variable mass problems. Thank you for understanding.
EDIT: I tried to solve other problems involving the concept of variable mass like the falling chain problem and got a bit of clarity as to what each of the terms could mean, I am convinced that the 1st two terms are correct(hopefully) but I still have a doubt in the variable mass part.