Problem Solving in a Dynamic Environment
Author: Yan-Hong Ng
Publisher: World Scientific
Published: 1995
Total Pages: 208
ISBN-13: 9789810220297
DOWNLOAD EBOOKThis book looks at the process of human cognition and the way complex problems are solved by decomposing them into a list of strategic objectives, before focusing individually on each objective to plan for a tactical solution. This process has been formulated by military planners in the form of the Standard Operating Procedure, by which problem solving is organised into four different stages: deliberation, planning, war meeting and plan execution. This has enabled the development of a methodology for problem solving in a dynamic environment. This is illustrated with the help of a six-case study in chess and prediction of exchange rate movement in a foreign exchange market.