I have an object in free space (no gravity) with angular momentum $ = \omega_i $, and some velocity vector $=\vec{V_i}$. To simplify we will say it has a mass-less rigid rod length $ = \ell $, connecting two small masses both of mass $ = M $. The masses are small in the sense of a radius equal to the rod radius both much smaller than $ \ell $. Of course for simplicity keep this in the 2D plane. I know precession can play a role, but accounting for it can make the problem easier, I've already done that.
Now, we want to change the velocity of the object by $ \Delta V $. We must do this by taking a bit of the matter of mass $ = m $ off the object and get it moving away at a velocity $ = \vec{V_m} $. While keeping $M>>m$ What will be the most energy efficient mechanism to do this? What will be the most momentum efficient mechanism to do this?
The final answer, like with the precession related solution, gives some $ \vec{V_m} $ value parallel or perpendicular to $\vec{V_i}$, and some mass "$ m $" proportional to "$ M $".
The goal will be to obtain maximum $ \Delta V $ with minimum energy or momentum. While keeping $M>2m$
Right now I am getting different solutions based on minimizing energy vs. momentum, is this logical? Why? This has helped me get to my solution thus far. Thanks JCooper and Maksim Zholudev.
EDIT: The answer should be at least partially derived using formulas. Some relation between $ \Delta V $ and the input energy or momentum must be shown.