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Slot Machine Spreadsheet

Slot Machine Spreadsheet Rating: 3,7/5 1268 votes

Slot machines are the most popular game in modern casinos. If you’ve never seen one, a slot machine resembles an arcade game that has a lever on its side. For a small fee you can pull the lever, and the machine will generate a random combination of three symbols. If the correct combination appears, you can win a prize, maybe even the jackpot.

Understanding slot machine math can be daunt ing for even the most seasoned individual. You do not hav e to be an accountant, analyst, or even a statistician to understand the fundamentals of slot math. The take-away is to know why this math is so important in monitoring performance and compliance at your property. HOW TO USE THIS SPREADSHEET The accompanying spreadsheet allows you to estimate the true cost of owning a Cross Slot® machine and what crop yield difference is necessary to justify owning such a machine. It is compiled in both metric units and imperial units. Simply select the page at the bottom left that you want to work with.

Slot machines make fantastic profits for casinos because they offer a very low payout rate. In many games, such as Blackjack and Roulette, the odds are only slightly stacked in the casino’s favor. In the long run, the casino pays back 97 to 98 cents in prizes of every dollar that a gambler spends on these games. With slot machines, it is typical for a casino to only pay back 90 to 95 cents—and the casino keeps the rest. If this seems underhanded, keep in mind that slot machines are one of the most popular games at a casino; few people seem to mind. And if you consider that state lotteries have payout rates that are much closer to 50 cents on the dollar, slot machines don’t look that bad.

In this project, you will build a real, working slot machine modeled after some real life Video Lottery Terminals from Manitoba, Canada. The terminals were a source of scandal in the 1990s. You’ll get to the bottom of this scandal by writing a program that recreates the slot machines. You’ll then do some calculations and run some simulations that reveal the true payout rate of the machines.

This project will teach you how to write programs and run simulations in R. You will also learn how to:

  • Use a practical strategy to design programs
  • Use if and else statements to tell R what to do when
  • Create lookup tables to find values
  • Use for, while, and repeat loops to automate repetitive operations
  • Use S3 methods, R’s version of Object-Oriented Programming
  • Measure the speed of R code
  • Write fast, vectorized R code

Are you finding production schedule template developed on Excel spreadsheet?

On Time Delivery Tool

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Machine

Hi Alongkorn,

We have now been running full time with Scheduler 123 for just over 6 months and we are pleased to report our business has become far more organised and focused with a high rate of consistent on time deliveries, well done and thank you for a well constructed, very effective and simple to use programme.”

Regards,

Steve Burton

United Kingdom

Re-prioritize and then it Re-schedules future jobs accordingly

“..great visual tool…easily tell when orders are late or on-time.”

Scheduler123 is a user-friendly tool, yet very effective way of managing our production time. A key feature for us was this template allows us to re-prioritize and then it re-schedules future jobs accordingly. This is a great visual tool , so we can see what the plan is for weeks to come, and easily tell when orders are late or on-time. Using Excel all the time, we were glad to find a product that fit right into a familiar program.

Thank you,
Cindy
WI, United States

Scheduler 1..2..3

Scheduler123 is easy to use tool with 1-2-3 steps

  • Step I – Load new order and update current order
  • Step II – Adjust parameters such as priority and press “Rescheduling” button
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Slot Machine Gambling Log Spreadsheet

How much does it cost?

Instant Scheduling Conflict Identification

Casino Slot Machine Tracking Spreadsheet

“Green is good, Red is bad”

Hi Alongkorn,
With Scheduler 123 I can instantly see the result of “fitting a job in”, and explaining which jobs will miss due date quickly. Program is set up very well and explanation of due dates is as easy as “Green is good, Red is bad”. This is the only scheduling program I need. Scheduler123 was very helpful in getting me going with this. Once I was rolling with this, I was convinced. Nice program, very nice price.

Regards,
Brad Doody
Manufacturing Supervisor
IVEK Corporation
North Springfield, VT

Production Visibility for Capable to Promise Solution!

“..when someone quote a new Job, they will know exactly when machine time will be available.”

Hello Alongkorn,

Before coming across Scheduler123, I wasted countless hours trying to create my own scheduling spreadsheet. I was never able to get it to work or look just the way I wanted it to. Scheduler123 has all the necessary features for job shop scheduling plus a lot more. I update the schedule everyday and an html file of the schedule is automatically generated and saved to a location on our network.When someone needs to quote a new job,they can just click a shortcut and know exactly when machine time will be available.This has been a big time-saver for us.

Slot Machine Spreadsheet

Thanks,
Scott L.
MA, United States

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