Patent ID: 8234186

Claim:
A method of managing cash inventory, comprising: identifying, at a processor, a first cash inventory having at least one first cash denomination, the first-cash denomination having a stock keeping unit; compiling, at the processor, first historical data relating to the first cash inventory; defining, at the processor, a first net cash inventory need based on a difference between an outgoing amount of the first cash denomination from the first cash inventory and a first incoming amount of the first cash denomination from the first cash inventory; determining, at the processor, a first management efficiency of the first cash inventory based at least in part on the first net cash inventory need, the first management efficiency computed by calculating a difference between a first maintained inventory and a mean of a first net usage of the first cash inventory divided by a standard deviation of the first net usage; creating a data file stored in a memory on a computer network, the data file containing at least the first historical data relating to the first cash inventory, the first net cash inventory need, the first management efficiency, and the first net usage; and calculating, at the processor, a first quantity of the first cash inventory based at least in part on the first net usage of the first cash inventory, wherein the first quantity reflects a quantity needed to sustain the needs of the first cash inventory.