Rich,
Yes, you have missed something.
Slope = Course Rating - Bogey Rating * 5.381 (for men)
so,
Bogey Rating = Slope/5.381 + Course Rating
Bogey Rating = 113/5.381 + 72.0
Bogey Rating = 93
So, a bogey golfer would average about 93 for his 10 best scores on a course rated 72 with a slope of 113.
The slope is just the value of the rise over the run of the various scores vs indexes.
In other words, the harder the course the faster the difference between indexes increases therefore the higher the slope of the line. If you plot scores on the Y line and indexes on the X line you would see different lines occuring for courses of different difficulties. The ratio between how fast the scores go up as the indexes change is the slope.
Dean Knuth, who invented the slope system, determined that a course with standard difficulty would have a slope of 113 so if you play a course that is harder than that you get more strokes and if you play one that is easier, you get less.