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Surplus Plus. A New Beginning By Jeanne Renew, Erica Franco, Patricia Gomez, John Leonard & Cathe Lucas. Description of Company. Small Family Owned Company That Buys Surplus and Sells to the General Public Using Local Auctions. Problem. Need to sell surplus to large audience
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Surplus Plus A New Beginning By Jeanne Renew, Erica Franco, Patricia Gomez, John Leonard & Cathe Lucas
Description of Company Small Family Owned Company That Buys Surplus and Sells to the General Public Using Local Auctions
Problem • Need to sell surplus to large audience • Keep operating costs to a minimum • Increase sale of merchandise
Problem Identification • Client described problem • Determined list of possible problems • Interviewed client to identify problem • Agreed on problem The client needs to sell a limited number of hard to move items while keeping advertising expenses to a minimum and increase future revenue. • Identified resolution
Framing the Problem Determined: • Objectives • Factors and constraints • How decision was made
The Decision-Making Technique Pro / Con approach will be used fordetermining the best solution.