Money Item Handling System with Segmented Storage and Universal Conveyor

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Solution Overview

Problem

Existing money item handling systems face challenges in efficiently feeding money items of different sizes and denominations from a mixed storage region to an outlet without delay, particularly in responding to demand and managing mechanical loads effectively.

Innovation Solution

A money item handling system comprising a mixed denomination storage region with conveyors and flow control apparatuses, including rotatable gate elements and actuators, to selectively control the movement of money items from storage to collection zones and conveyors, allowing for efficient sorting and output of specific denominations based on demand.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If money items are fed from a mixed storage region to the outlet, then the system can respond to demand, but the system experiences undue delay and mechanical load issues

Engineering Contradiction:
Improveoutput rateVSAvoiddelay
Core Design Contradiction:
ProductivityVSLoss of time

Solution Approach 1:

The patent divides the mixed storage region into multiple separate storage regions, each dedicated to a specific denomination of money item. This segmentation allows the system to feed different denominations independently, eliminating delays caused by mixing and enabling faster response to demand for specific denominations while reducing mechanical loads on the conveying system.

Inventive Principle:
Principle #1Segmentation

2Reliability

If multiple conveyors are used to handle different denominations, then the system can reduce mechanical loads and improve reliability, but the device complexity increases

Engineering Contradiction:
Improvesystem reliabilityVSAvoidsystem complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent employs a common conveying mechanism that serves multiple storage regions and denominations simultaneously. This universal approach allows a single conveyor system to handle different money item denominations without requiring separate dedicated conveyors for each denomination, thereby reducing overall system complexity while maintaining the reliability benefits of organized denomination handling.

Inventive Principle:
Principle #6Universality (Multi-functionality)

Data Source

PatentUS20220398889A1Money item handling system and method
Publication Date: 2022.12.15 CRANE PAYMENT INNOVATIONS LTD
  • US20220398889A1 patent drawing
  • US20220398889A1 patent drawing
  • US20220398889A1 patent drawing

AI summary

A money item handling system, comprising a mixed denomination money item storage region comprising at least one money item outlet routing; at least one money item collection zone arranged to receive mixed denomination money items outlet through the at least one money item outlet routing; at least one money item conveyor arranged to collect money items from the at least one money item collection zone and to convey money items collected from the at least one money item collection zone around a path of the at least one money item conveyor; at least one money item flow control apparatus; and at least one actuator configured to controllably actuate the at least one money item flow control apparatus to selectively control movement of money items from the mixed denomination money item storage region to the at least one money item collection zone.