Question

Viable solutions

Can somebody please help me with how to find if it is feasible (viable) or not.
I’ve rewatched the videos (I’m homeschooled) and none of them told me how to figure this out specifically. They always showed the profit.

You don’t have to answer the questions but just help me get the answers.

Thank you.

Answer 1

To determine if a solution is viable or feasible, you need to consider several factors, including:

1. Cost: What are the costs associated with implementing the solution? Will the benefits of the solution outweigh the costs?

2. Resources: What resources are needed to implement the solution? Do you have access to these resources, or can you acquire them?

3. Time: How long will it take to implement the solution? Is there a deadline or time constraint that needs to be considered?

4. Risks: What are the potential risks associated with the solution? Are there any legal, ethical, or safety concerns that need to be addressed?

5. Benefits: What are the benefits of implementing the solution? Will it solve the problem or improve the situation in a meaningful way?

Once you have considered these factors, you should be able to determine if the solution is viable or not. If the benefits outweigh the costs and risks, and the necessary resources are available, then the solution is likely to be viable. However, if the costs and risks outweigh the benefits, or the necessary resources are not available, then the solution may not be viable.