Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Mystery of the Vanishing Nickel (In other words, a nickel for your thoughts.)
The American Prowler ^ | 1/7/2005 | Lawrence Henry

Posted on 01/06/2005 10:36:47 PM PST by nickcarraway

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-25 last
To: endthematrix
Oh, I see what you mean. Sorry...I haven't had enough coffee yet.

By the way, I noticed those lanes for the transponder, but I didn't realize that was how they tracked you through those lanes.

I think I contributed about six dollars to the Illinois tollway on this trip. At least I remembered to get a lot of change before I left, so I didn't have to go through the manned booths.

21 posted on 01/07/2005 1:59:01 AM PST by Miss Marple
[ Post Reply | Private Reply | To 20 | View Replies]

To: nickcarraway
8 “I suspect that clerks often substitute dimes for quarters, probably because they notice their change drawers running short of quarters”

Maybe, but it also might have to do with which denomination coins are the most plentiful in the drawer.

  1. Here are the number of coins needed to make all change from 1¢ to 99¢...
      quarter dime nickel penny total
    number of coins 150 80 40 200 470
    percentage 31.9% 17.0% 8.5% 42.6% 100.0%

  2. While that table says we need 8.5% of our coins to be nickels, that doesn't mean we need 8.5% of our volume to be nickels. This is because the different denominations take up different volumes per coin.
      quarter dime nickel penny
    $ per cu. in. $4.66 $4.47 $1.06 $0.34
    coins per cu. in. 18.6 44.7 21.2 34

  3. Combining tables 1 and 2 (and doing a little calculating) we get...
      quarter dime nickel penny
    number of coins 150 80 40 200
    coins per cu. in. 18.6 44.7 21.2 34
    required cu. in. 8.1 1.8 1.9 5.9
    relative drawer width 4.3 .9 1.00 3.1

It's after 2am so don't expect me to jump in the car and drive the 15 miles to the Safeway store to measure their cash drawers, but as you can see from table 3, any relative drawer widths other that shown in the last row will result in an unnatural preference for the more plentiful coin. That preference could explain the phenomenon that author Lawrence Henry noted in the article.

--Boot Hill

22 posted on 01/07/2005 2:18:20 AM PST by Boot Hill (Candy-gram for Osama bin Mongo, candy-gram for Osama bin Mongo!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nickcarraway
Nickles are the least used coin (besides half-dollars and dollars) because it is the only coin you should in theory never get more than 1 of in change. 2 nickles are of course a dime.
23 posted on 01/07/2005 5:15:59 AM PST by sharktrager (The masses will trade liberty for a more quiet life.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: garyhope
They can't add, multiply, divide or subtract.

When I was growing up my Dad owned a small C-store. I learned how to count back change without the help of the register by counting "up". You rarely see this any more except in older folks. However, the other day I ran across a kid (16-18) that actually counted back my change without the use of the register. I was shocked and amazed to see this.

24 posted on 01/07/2005 7:14:56 AM PST by numberonepal (Don't Even Think About Treading On Me)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Boot Hill

Mr. Boot Hill, You seem like a real interesting guy, but perhaps you need more to do in your life, however you're probably fun to talk to.

You must be an insomniac like me, pacing the floor at 2 AM thinking strange thoughts.

I think measuring the cash drawers at Safeway at 2 AM might have been a little much, but thanks for the thought.


25 posted on 01/07/2005 7:56:08 AM PST by garyhope
[ Post Reply | Private Reply | To 22 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-25 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson