The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 29, 1980
Filed:
Aug. 15, 1977
Thomas H Woods, Middletown, OH (US);
Thomas R Aultz, Cincinnati, OH (US);
TRW Inc., Los Angeles, CA (US);
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.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile