Control circuit for multi-denomination cash dispenser
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United States of America Patent
Stats
-
Jan 29, 1980
Grant Date -
N/A
app pub date -
Aug 15, 1977
filing date -
Aug 15, 1977
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A control circuit for a multi-denomination cash dispenser in which the number of bills or coins of each denomination, for varying desired quantities of money to be dispensed, are selected such that the total amount of time required to dispense varying quantities of each denomination is minimized. The control circuit of this invention does not necessarily result in dispensing of cash with a minimum number of bills and/or coins. However, it does, in addition to minimizing the cycle time of the cash dispensing operation, equalize the wear on the various individual dispensers; deplete the inventories of different denominations at approximately the same rate, thereby avoiding premature depletion of one denomination relative to the others, and provide the user with a varied mix of denominations regardless of the amount of currency requested.
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