AVMG 4200 Exam 2 Questions and Answers
100% Pass
This association represents the entire general aviation community and actively promotes
aviation safety. - Answer✔AOPA
This organization represents more than 4,000 business that use aircraft to conduct business. -
Answer✔NBAA
This association represents distributors and manufacturers of aviation parts on issues of federal
legislation and other government activities. - Answer✔ADMA
Compared to other transportation modes, the air transportation sector has much higher
______. - Answer✔Debt Loads
Competition for air freight comes from ______. - 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 ______. - Answer✔Trend away from motor freight to air freight
The primary target of the services offered by the Cargo Marketing Plan are ______ . -
Answer✔Shippers
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The "Compensatory Ratemaking Methodology" is based primarily on the assumption that
______. - 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 ______. - Answer✔Improve
significantly and broaden scope
"Dependent" capacity demands can be modeled as if they were ______ events. -
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. - Answer✔Specific
Market demand for cargo capacity is typically modeled as ______ demand. -
Answer✔Independent
The "use of a variety of different forecast model types and parameters and compare the
results" describes the ______ approach. - 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. - Answer✔Accuracy and Bias
Of the two types of forecast model error, ______ can be described as the "width of the forecast
error." - Answer✔Accuracy
The key to addressing the capacity-demand mismatch for the future is to build ______ facilities.
- Answer✔Adaptive, more flexible
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