Analyzing Casino-Money Handling Process - 1247 Words

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†¦show more content†¦The casino is considering the purchase of a second coin-wrapping machine. What impact would this have on the hard count process? Is this the most desirable machine to purchase? Based on calculations that was done for question #2, the total time of hard count process (4590 minutes) is being split up by various processes as below, Hard Count Process | Time consumed(minutes) | % of time consumed | i) Testing weigh scale | 10 | - | ii) Weighing and recording process | 2100 | 45% | iii) Coin-wrapping process | 900 | 20% | iv) Filling amp; stacking (Canning process) | 1125 | 25% | v) Weigh amp; wrap verification report | 5 | - | vi) Manual counting verification report | 450 | 10% | The coin-wrapping machine currently takes up 20% of the total time taken for the hard count process. By purchasing a second coin-wrapping machine, the time consumed by the machine in the overall process can be halved. When the time consumed by the coin-wrapping machine goes down to 450 minutes, it results in a 10% decrease in overall hard count process time. However, it has to be noted that there are other processes that are guilty of contributing much higher percentages to the overall processing time, when compared to the coin-wrapping process. For example, the weighing and recording process takes up more than 45% of the total time. TheShow MoreRelatedCase - Analyzing Casino Money-Handling Processes1492 Words   |  6 PagesCase: 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 hardRead MoreThe Security Evaluation Methodology And Analysis1743 Words   |  7 Pagesworld. 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