The problem has to be identified and defined. Then gather the data relevant to the problem. Organize and analyze the data to be able to come up with alternative solutions. The next step is to determine the best solution. Naturally, the best solution is measured in terms of profitabilty.

The implementation of the solution that counts. A best solutiin which cannot be put into practice is not a solution. The best solution criteria can be a Presense of risk, Economy of effort, Time Factor and Availabilty of resources.

An ideal solution is one that does not create another problem, and it is most economical in terms of time, labor and money. But of course, the final determinant is the availability of resources. For instance. are there competent employees, adequate funds, necessary materials and facilities to implement the decisions or solutions?