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AVMG 4200 EXAM 2 QUESTIONS AND ANSWERS

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AVMG 4200 EXAM 2 QUESTIONS AND ANSWERS

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AVMG 4200 EXAM 2 QUESTIONS AND ANSWERS
AOPA - Answers :This association represents the entire general aviation community
and actively promotes aviation safety.

NBAA - Answers :This organization represents more than 4,000 business that use
aircraft to conduct business.

ADMA - Answers :This association represents distributors and manufacturers of aviation
parts on issues of federal legislation and other government activities.

Debt Loads - Answers :Compared to other transportation modes, the air transportation
sector has much higher ______.

Deterministic (causal or the effects of other effects) - Answers :"Dependent" capacity
demands can be modeled as if they were ______ events.

Specific - Answers :The three rules of forecasting: the more ______ the forecast is, the
less likely it is to be accurate.

Independent - Answers :Market demand for cargo capacity is typically modeled as
______ demand.

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

Accuracy and Bias - Answers :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 - Answers :Of the two types of forecast model error, ______ can be described
as the "width of the forecast error."

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

Access to passenger baggage handling facilities - Answers :"Forwarders" (belly freight)
typically need facilities with ______ .

Total volume of freight to be moved & type/concept of freight movement (belly,
dedicated, integrated) - Answers :The historical mis-matches between cargo
infrastructure capacity required (supply) and available (supply) have occurred both
along the dimensions of ______ and ______ .

, Very specialized and efficient for only one type of user - Answers :The specific, unique
needs of the three main air freight movers (forwarders, integrators, dedicated) has
resulted in historical facility development toward designs that are ______.

- "Footprint" designated for the facility vs "Land Side" access and activities
- "Footprint" designated for ramp space vs. facility space - Answers :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 ______.

All other air freight carriers and the motor freight industry - Answers :Competition for air
freight comes from ______.

Trend away from motor freight to air freight - Answers :As shipment distances increase
up to and beyond about 800 miles, the mode preferences of shippers ______.

Shippers - Answers :The primary target of the services offered by the Cargo Marketing
Plan are ______ .

Increased tenant fees charged by the airport will not discourage occupancy/activity -
Answers :The "Compensatory Ratemaking Methodology" is based primarily on the
assumption that ______.

Improve significantly and broaden scope - Answers :The rise of the "Supply Chain
Management" philosophy in logistics has resulted in the competitiveness of air freight
(vs. other modal choices) to ______.

Larger and more specialized airport freight handling facilities - Answers :The
introduction of wide-bodied freighter aircraft has driven the need for ______.

IATA - Answers :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.

ATA - Answers :This organization achieves the interests and goals of the airlines as an
industry through a system of councils and committees.

Dedicated (all-cargo), integrated, belly, and combination carriers - Answers :Among the
most common forms of air freight carriage ("business models") are:

Unpredictable demand - Answers :The economic product characteristics that result in a
high "air eligibility" preferences include ______.

Airline tenants - Answers :The "Residual Ratemaking Methodology" is based primarily
on sharing development risk with ______.

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