The phrase often implies satisfaction with a solution or situation. Finding a qualified tutor was just the ticket for improving my grades.
Pro Tip 2/3
Informal Use
It's casual language, typically used in informal conversations. A cup of hot tea is just the ticket on a cold day.
Pro Tip 3/3
Solution Oriented
Use it when highlighting a problem's solution, rather than discussing the problem itself. These noise-cancelling headphones are just the ticket for studying in a noisy dorm.