Case - Analyzing Casino Money-Handling Processes - 1492 Words

Case: Analyzing Casino Money-Handling Processes Bartley D. Corbin Webster University Author Note This paper was prepared as partial fulfillment of the requirements for BUSN 6110, Term Fall 1, 2010 taught by Professor Gary Sample. Abstract This case study is from Chapter 6 of the text on page 183. It is an analysis of the casinos money-handling processes. The process begins with retrieving the money from the slot machines and is referred to in the gaming industry as the drop process. The hard count process is the second phase of the process and is performed at a designated time known to gaming regulatory authorities. Following the hard count process, each drop bucket is emptied into the weigh scale holding hopper. At that point the†¦show more content†¦We also know that twenty-five silver dollars are wrapped in each roll at a rate of 10 rolls per minute, and we know that each can contains 40 rolls. The canning process itself takes 5 minutes per can. The computer report and recording process in the weigh/wrap verification report takes 5 minutes, and the manual recount takes another 2 minutes per can. This is a bit hard to follow, so I have flowcharted the calculations for the hard count process. The ti me needed to Process 300 Silver Dollar Slot Machines = (Time to Calibrate Scale) + (Weigh and Record Each Bucket) + (Time to Wrap Each Roll) + (Time to Place Rolls into Cans) + (Run Summary) + (Manually Verify Can Counts) = 10 Minutes + 2100 Minutes + 900 Minutes + 1125 Minutes + 5 Minutes + 450 Minutes = 4590 Minutes = 76.5 Hours. See Figure 4 below. Figure [ 4 ]: Time Calculation for Hard Count Process Question 3 Question 3 gets to the pointed heart of our case study. As stated earlier, management wants to know how long each process takes so that they can make a purchasing decision. Although not used here, the text provides several methods of ranking investments. (Jacobs, Chase, amp; Aquilano, 2009) In figure five below we explore the possibilities of advantages gained by purchasing a second coin wrapper machine (indicated in blue). Below that is the potential time gained if the casino where to instead buy an additional weighing machine (indicated in green). Given this chart, it isShow MoreRelatedAnalyzing Casino-Money Handling Process1247 Words   |  5 PagesThe Buffalo News Team | Analyzing Casino Money-Handling Processes | MGO630: Mini-case #2 | Ashley BeckerZachary BradoColin CaseySamantha ChmuraArvind Thinagarajan 2/2/2012 | 1. 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