Keeping the non-decibel hijack alive …
It’s not a complete navigation tool. At least not in the sense of finding direction or location.
The front side is predominantly a simple multiply/divide slide rule (C & D scales). But a major use of multiplication & division while flying is solving problems involving time. e.g. At 400 knots, now long to go 37 miles? At 3000 gallons per hour fuel consumption, and 7200 gallons in the tank, when do we run out of fuel? A common factor of these calcs is one dimension is time. Time might be an input or an output, but it’s (almost always) in there somewhere.
And since time isn’t reckoned in decimal subdivisions, the slide rule scales have special markings to implicitly convert e.g. 1.5 hours into 1 hour 30 minutes into 90 minutes. Another special feature is that often we’re converting between statute or nautical miles or kilometers, or perform a computation in one unit set but need the answer in the other. A couple special marks deal with that too. Ditto feet & meters, gallons and litres, pounds and kilograms.
Unrelated to all that …
Before the advent of complicated but still mechanical air data systems on planes, so pre 1965-ish, and even in the early more-electronic airplanes up through 1980-ish, there’s a need to apply corrections to the values shown on the airspeed indicator or altimeter to correct for temperature, altitude, etc., to derive how fast you’re actually going and how high. All that’s just another number on another screen today. But back then you had to run that multi-step math, and specialized scales down on the inner part of the “whiz wheel” did those specialized calcs.
The back side was completely different in look and function. It was all about doing vector math where we have 2 velocity factors and need to derive the third. The airplane is aimed north at 200 knots, the wind is from the west at 20 knots. What path are we really taking across the ground? If I want to correct the path to actually travel north, how many degrees westward do I need to aim the airplane to offset the wind? If the wind includes a headwind or tailwind, what does that do to our speed?
More specifically, back in the day you couldn’t directly know what the wind was right here right now. But you could know which direction you’re pointed at what airspeed. And by careful measurement of your progress versus the ground or navigation beacons, derive what speed and path you were actually covering versus the ground. The vector difference between those two must be the actual wind. And once you know that, you can make informed adjustments to how the next 1-2 hours will play out versus your plans. Lather rinse repeat every half-hour-ish until arrival.
Totally necessary work in the pre-GPS, pre-fully computerized nav systems era. Lest you get lost or run out of fuel.
It’s kinda fiddly work. Especially as you got older, you needed your bifocals and up close to your face to read it accurately. A hand-held tool worked better than a similar disc bolted to the cockpit wall someplace. By the time it would have been made large enough to be easily read, it’d be too huge to fit anywhere.
Also, back in the day all these calcs were done in advance on the ground. Starting with a map, figure out what route, what the courses are between all the points, then do time/distance math to figure out time & fuel consumption step by step. Oh yeah, then take a second pass through the plan to adjust all those leg by leg calcs for the forecast wind. You ended up with a giant paper spreadsheet with one row per leg from liftoff to touchdown and with 10 - 15 columns of numbers for each leg. On a long airline flight that might be 30 or 40 rows and take a couple hours’ diligent effort to work out. Lotta stubby pencil work. Having your trusty tool in your tool bag while you’re in the office doing all this before going to the plane was helpful.
Nowadays software at HQ (or for hobby pilots, an app on their tablet) whips all that crap out in milliseconds. And the computers in the airplanes update all those numbers continuously as the flight progresses.
Lot’s changed in 40-60 years.