AVMG 4200- Exam 2 Questions With Answers Graded A+ Assured Success

"Dedicateds" (freighter aircraft) typically require facilities with ______. - ️️- Close in ramps space parking - Heavy material handling (loading/unloading) equipment Different forecasting models will work better (or worse) on different types and sets of data. Therefore, it is important to measure the ______ and ______ of the forecasting model error against known, historical values. - ️️Accuracy and Bias This organization represents more than 4,000 business that use aircraft to conduct business. - ️️NBAA This association represents distributors and manufacturers of aviation parts on issues of federal legislation and other government activities. - ️️ADMA Compared to other transportation modes, the air transportation sector has much higher ______. - ️️Debt Loads Competition for air freight comes from ______. - ️️All other air freight carriers and the motor freight industry As shipment distances increase up to and beyond about 800 miles, the mode preferences of shippers ______. - ️️Trend away from motor freight to air freight The primary target of the services offered by the Cargo Marketing Plan are ______ . - ️️Shippers The "Compensatory Ratemaking Methodology" is based primarily on the assumption that ______. - ️️Increased tenant fees charged by the airport will not discourage occupancy/activity The rise of the "Supply Chain Management" philosophy in logistics has resulted in the competitiveness of air freight (vs. other modal choices) to ______. - ️️Improve significantly and broaden scope "Dependent" capacity demands can be modeled as if they were ______ events. - ️️Deterministic (causal or the effects of other effects) The three rules of forecasting: the more ______ the forecast is, the less likely it is to be accurate. - ️️SpecificMarket demand for cargo capacity is typically modeled as ______ demand. - ️️Independent The "use of a variety of different forecast model types and parameters and compare the results" describes the ______ approach. - ️️Portfolio Approach This association represents the entire general aviation community and actively promotes aviation safety. - ️️AOPA This association represents the entire general aviation community and actively promotes aviation safety. - ️️AOPA Of the two types of forecast model error, ______ can be described as the "width of the forecast error." - ️️Accuracy The key to addressing the capacity-demand mismatch for the future is to build ______ facilities. - ️️Adaptive, more flexible "Forwarders" (belly freight) typically need facilities with ______ . - ️️Access to passenger baggage handling facilities The historical mis-matches between cargo infrastructure capacity required (supply) and available (supply) have occurred both along the dimensions of ______ and ______ . - ️️Total volume of freight to be moved & type/concept of freight movement (belly, dedicated, integrated) The specific, unique needs of the three main air freight movers (forwarders, integrators, dedicated) has resulted in historical facility development toward designs that are ______. - ️️Very specialized and efficient for only one type of user The "Facility Layout" factor to be addressed during the cargo facility development process recognizes that a fundamental, inherent tradeoff (conflict that must be resolved) exists between the ______. - ️️- "Footprint" designated for the facility vs "Land Side" access and activities - "Footprint" designated for ramp space vs. facility space The introduction of wide-bodied freighter aircraft has driven the need for ______. - ️️Larger and more specialized airport freight handling facilities This organization is primarily concerned with the coordination of tariffs, fares, rates and charges by providing a forum for member states to discuss these matters. - ️️IATAThis organization achieves the interests and goals of the airlines as an industry through a system of councils and committees. - ️️ATA Among the most common forms of air freight carriage ("business models") are: - ️️Dedicated (all-cargo), integrated, belly, and combination carriers The economic product characteristics that result in a high "air eligibility" preferences include ______. - ️️Unpredictable demand The "Residual Ratemaking Methodology" is based primarily on sharing development risk with ______. - ️️Airline tenants One "targeted" marketing channel that can be used to position your cargo services in the minds of shippers would be ______. - ️️- Supply chain trade journals - Trade shows/cargo expositions The demand for cargo infrastructure capacity is typically modeled as ______ demand. - ️️Dependent The three rules of forecasting: certainty about the estimate tends to decay rapidly as ______. - ️️The prediction involves events even further into the future. Different forecasting models will work better (or worse) on different types and sets of data. One strategy to protect against using a "poorly fitting/performing" forecast model is to use the ______ approach. - ️️Portfolio forecasting A forecasting model that relies on the "historical data of a single variable to predict itself" is the ______ forecast model type. - ️️Time-Series The data format (variables) that is best represented by complex textual description is ______. - ️️Qualitative data The historical mis-matches between cargo infrastructure capacity required (supply) and available (supply) has resulted in BOTH ______ at airports across the country. - ️️Too much capacity for one type of freight, and too little capacity for other types of freight "Integrators" typically require facilities with ______. - ️️- Sortation Systems - Flow through (cross-dock) water housing - Land side docks and portals for motor freightExpress carriers now account for _____ and will require ______ to match their highly time-dependent air freight processing operations. - ️️A majority of domestic air cargo activity; more specialized airport facilities The "Three Main Factors" to be addressed during the cargo facility development process include ______. - ️️- Land Use - Facility Layout - The "Design Considerations" factor that must be addressed during the cargo facility development process includes the requirements to explicitly consider the needs of ______. - ️️- Airside vehicle circulation and movement - Landside truck docking and maneuvering This is the national trade association which represents U.S. companies engaged in R&D, and the manufacture of aerospace systems. - ️️AIA The FAA's primary focus is ______. - ️️Ensuring safe and orderly growth of civil aviation In general, relatively _____ commodities tend to go by air. - ️️High value The "one way" (backhaul) problem affects the air transport industry across ______. - ️️The freight segment more than passenger The competitive environment for air freight services can best be characterized as ______. - ️️Specialized based on product/shipment characteristics but multi-modal and varied _____ is the logistics/supply chain routing factor described as the "gateway" concept and the unitization of mixed denser/lighter individual air freight shipments. - ️️Economies of Consolidation In setting objectives for the air cargo development plan, two key principles the plan must focus on include "capitalizing on unique strengths (niche)" and " _____ ." - ️️Deficiencies over which the airport has influence Two key "Data Sources" for domestic cargo flow include the ______. - ️️Transearch Freight Analysis Framework (FAF) The "Planning Activity Level" (PAL) concept is based on the core principle that infrastructure development must be based on ______. - ️️Actual realized demand "triggers"Two broad data categories or types (variable formats) are _____ and _____ format data. - ️️Qualitative & Quantitative Prior to analysis, any data collected for forecasting must be "conditioned" (inspected and corrected) for quality control; the two biggest problems are _____ data and _____ data. - ️️Missing & Inaccurate