Analyzing Casino-Money Handling Process Essay

1243 Words Apr 18th, 2012 5 Pages
The Buffalo News Team |
Analyzing Casino Money-Handling Processes
|
MGO630: Mini-case #2 |

Ashley BeckerZachary BradoColin CaseySamantha ChmuraArvind Thinagarajan 2/2/2012 |

1. The Drop process
Drop team leader, security and accounting people deliver the buckets to hard count room [30 min/cart]
Security officer and slot drop team leader obtain slot cabinet keys from casino cashier’s cage
[15 min]
Slot drop leader removes the drop bucket from slot machine cabinet [10 min/slot machine]
Tag with proper slot machine number is placed on top of the coins
A cart is filled with buckets from 20 different slot machines
Buckets are securely locked in the hard count room to await start of the hard count process
Drop team leader
…show more content…
Explanatory report is written.
Investigation by hard count supervisor. Explanatory report is written.
Var > (+ 2)
Or
Var > $1000
Var > (+ 2)
Or
Var > $1000

How long should this process take to complete for 300 silver dollar slot machines? Assume that each slot machine has an average of $750 when emptied.
Solution:
Number of slot machines = 300 = Number of buckets
Number of coins per machine = 750
Therefore, Total coins = 750 x 300 = 225,000

i. Testing Weigh Scale = 10 minutes
ii. Weighing & Recording Process
* 7 minutes/bucket
* Therefore, for 300 buckets, time taken to complete process = 2,100 minutes
iii. Coin wrapping machine
* 25 coins are wrapped in each roll
* Therefore, there are 9000 rolls for 225,000 coins
* Wrapping takes place at the rate of 10 rolls per minute
* Therefore, time taken to wrap all the coins = 900 minutes
iv. Filling & Stacking [Canning]
* 40 rolls in 5 minutes
* Hence, 9000 rolls will take (45,000)/40 minutes = 1125 minutes
v. Weigh & Wrap verification report
* Time taken = 5 minutes
vi. Manual…

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