Cash Management System Denomination Allocation
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
In cash management systems with multiple registers and cash settlement devices, when the inventory of banknotes or coins is low, existing systems struggle to evenly distribute change funds, leading to insufficient allocation to devices that need replenishment.
Innovation Solution
A cash management system that includes a cashier device and a cash management device connected to multiple cash settlement devices, where the cash management device calculates the shortage of each denomination on a denomination-by-denomination basis and instructs the cashier device to dispense the necessary banknotes or coins to maintain or adjust the inventory levels based on a preset calculation formula.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Quantity of substance
If the cashier device dispenses change funds by evenly dividing the inventory number by the number of registered cash settlement devices, then many cash settlement devices can be replenished with change funds, but a sufficient amount of change funds cannot be allocated to cash settlement devices that need replenishment
Solution Approach 1:
The patent applies local quality by transitioning from uniform distribution to differentiated allocation of change funds. The cash management device calculates the actual inventory status of each cash settlement device and determines the required change funds amount individually for each device based on its specific needs, rather than applying a uniform division formula to all devices.
Solution Approach 2:
The patent implements preliminary action by having the cash management device calculate and determine the required change funds amount for each cash settlement device before the dispensing process begins. The system pre-calculates the optimal allocation based on inventory status, ensuring that each device receives the appropriate amount needed for replenishment.
2Quantity of substance
If all cash in the cashier device is dispensed to a particular cash settlement device, then that device receives sufficient change funds, but other cash settlement devices cannot receive change funds
Solution Approach 1:
The patent implements feedback by having the cash management device continuously monitor and calculate the inventory status of each cash settlement device. The system uses this feedback information to dynamically adjust the change funds allocation, ensuring that dispensing to one device does not deplete the cashier device's inventory to a level that prevents future dispensing to other devices.
Solution Approach 2:
The patent applies dynamics by making the change funds allocation flexible and adaptive rather than static. The cash management device dynamically determines the required amount for each cash settlement device based on real-time inventory status, allowing the system to optimize distribution across multiple devices while maintaining sufficient cash availability in the cashier device.
3Duration of action of stationary object
If the inventory number of banknotes or coins in the cashier device is low, then the system can extend the duration before replenishment is needed, but change funds cannot be adequately distributed to all cash settlement devices
Solution Approach 1:
The patent applies parameter changes by optimizing the allocation parameters for each cash settlement device individually. Instead of using a fixed division formula, the system adjusts the change funds allocation parameters based on each device's inventory status, transaction patterns, and specific needs, thereby maximizing the utility of limited cash inventory while ensuring adequate replenishment.
Data Source
AI summary
A cash management system includes a plurality of cash settlement devices, a cashier device, and a cash management device, wherein the cash management device acquires the inventory number in each cash settlement device, and when a request is made to supply change funds, calculates the total number of banknotes or coins lacking relative to the preset post-replenishment inventory number thereof, wherein the cash management device instructs the cashier device to, when the total number is equal to or less than the inventory number in the cashier device, dispense banknotes or coins, the number of the dispensed banknotes or coins being required to allow the inventory number in the cash settlement device to reach the post-replenishment inventory number, and when the total number exceeds the inventory number in the cashier device, dispense banknotes or coins, the number of the dispensed banknotes or coins being calculated according to a preset calculation formula.