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AVMG 4200 Exam 2 questions with verified solutions

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AVMG 4200 Exam 2 questions with verified solutions

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AVMG 4200 Exam 2 questions with
verified solutions

This association represents the entire general aviation community and actively promotes aviation safety.
- correct answer ✔✔AOPA



This organization represents more than 4,000 business that use aircraft to conduct business. - correct
answer ✔✔NBAA



This association represents distributors and manufacturers of aviation parts on issues of federal
legislation and other government activities. - correct answer ✔✔ADMA



Compared to other transportation modes, the air transportation sector has much higher ______. -
correct answer ✔✔Debt Loads



Competition for air freight comes from ______. - correct answer ✔✔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
______. - correct answer ✔✔Trend away from motor freight to air freight



The primary target of the services offered by the Cargo Marketing Plan are ______ . - correct answer
✔✔Shippers



The "Compensatory Ratemaking Methodology" is based primarily on the assumption that ______. -
correct answer ✔✔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 ______. - correct answer ✔✔Improve significantly and broaden
scope

, "Dependent" capacity demands can be modeled as if they were ______ events. - correct answer
✔✔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. -
correct answer ✔✔Specific



Market demand for cargo capacity is typically modeled as ______ demand. - correct answer
✔✔Independent



The "use of a variety of different forecast model types and parameters and compare the results"
describes the ______ approach. - correct answer ✔✔Portfolio Approach



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. - correct answer ✔✔Accuracy and Bias



Of the two types of forecast model error, ______ can be described as the "width of the forecast error." -
correct answer ✔✔Accuracy



The key to addressing the capacity-demand mismatch for the future is to build ______ facilities. - correct
answer ✔✔Adaptive, more flexible



"Forwarders" (belly freight) typically need facilities with ______ . - correct answer ✔✔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 ______ . - correct answer ✔✔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 ______. - correct answer ✔✔Very
specialized and efficient for only one type of user

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