Analyzing Casino-Money Handling Process Essay

1243 Words Apr 18th, 2012 5 Pages
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Essay Sample
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

middle of document…

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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