Analyzing Casino Money Handling Process Essay Example

the best investment of saving time in the hard count process. As discussed above, it takes the casino 2100 minutes to weigh and record the coins from all of its machines based on a rate of 7 minutes for each bucket. If the casino, were to purchase additional equipment for its weigh and record process, it could cut that time in half and save 1050 minutes. Of course, the cost of the equipment in both cases would have to be considered. But in terms of time saved, additional equipment in the weigh and record process would increase efficiency considerably over an additional wrapping machine.

As discussed above, the drop process consumes 4142 minutes or almost 7 hours. The use of electronic slot machines should eliminate all of the time now devoted to the drop process. This would seem to be a considerable advantage in cost savings associated with the resources committed to the drop process. However, there are still process considerations that must be considered including: 1) maintenance of the electronic equipment versus the mechanical equipment; 2) the number of hours that the electronic equipment will operate each day versus the mechanical equipment; 3) the processes associated with managing the casino’s electronic payment system; and 4) receptiveness of the casino’s customers to this format.