AVMG 4200 Exam 2 QUESTIONS &
ANSWERS(SCORED A+)
AOPA - ANSWERThis association represents the entire general aviation community
and actively promotes aviation safety.
Trend away from motor freight to air freight - ANSWERAs shipment distances
increase up to and beyond about 800 miles, the mode preferences of shippers
______.
NBAA - ANSWERThis organization represents more than 4,000 business that use
aircraft to conduct business.
ADMA - ANSWERThis association represents distributors and manufacturers of
aviation parts on issues of federal legislation and other government activities.
Debt Loads - ANSWERCompared to other transportation modes, the air
transportation sector has much higher ______.
All other air freight carriers and the motor freight industry - ANSWERCompetition for
air freight comes from ______.
Shippers - ANSWERThe primary target of the services offered by the Cargo
Marketing Plan are ______ .
Increased tenant fees charged by the airport will not discourage occupancy/activity -
ANSWERThe "Compensatory Ratemaking Methodology" is based primarily on the
assumption that ______.
Improve significantly and broaden scope - ANSWERThe rise of the "Supply Chain
Management" philosophy in logistics has resulted in the competitiveness of air freight
(vs. other modal choices) to ______.
Deterministic (causal or the effects of other effects) - ANSWER"Dependent" capacity
demands can be modeled as if they were ______ events.
Specific - ANSWERThe three rules of forecasting: the more ______ the forecast is,
the less likely it is to be accurate.
Independent - ANSWERMarket demand for cargo capacity is typically modeled as
______ demand.
Portfolio Approach - ANSWERThe "use of a variety of different forecast model types
and parameters and compare the results" describes the ______ approach.
, Accuracy and Bias - ANSWERDifferent 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 - ANSWEROf the two types of forecast model error, ______ can be
described as the "width of the forecast error."
Adaptive, more flexible - ANSWERThe key to addressing the capacity-demand
mismatch for the future is to build ______ facilities.
Access to passenger baggage handling facilities - ANSWER"Forwarders" (belly
freight) typically need facilities with ______ .
Total volume of freight to be moved & type/concept of freight movement (belly,
dedicated, integrated) - ANSWERThe historical mis-matches between cargo
infrastructure capacity required (supply) and available (supply) have occurred both
along the dimensions of ______ and ______ .
The prediction involves events even further into the future. - ANSWERThe three
rules of forecasting: certainty about the estimate tends to decay rapidly as ______.
Portfolio forecasting - ANSWERDifferent 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.
Time-Series - ANSWERA forecasting model that relies on the "historical data of a
single variable to predict itself" is the ______ forecast model type.
Qualitative data - ANSWERThe data format (variables) that is best represented by
complex textual description is ______.
Very specialized and efficient for only one type of user - ANSWERThe 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 - ANSWERThe "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 ______.
Larger and more specialized airport freight handling facilities - ANSWERThe
introduction of wide-bodied freighter aircraft has driven the need for ______.
IATA - ANSWERThis organization is primarily concerned with the coordination of
tariffs, fares, rates and charges by providing a forum for member states to discuss
these matters.
ANSWERS(SCORED A+)
AOPA - ANSWERThis association represents the entire general aviation community
and actively promotes aviation safety.
Trend away from motor freight to air freight - ANSWERAs shipment distances
increase up to and beyond about 800 miles, the mode preferences of shippers
______.
NBAA - ANSWERThis organization represents more than 4,000 business that use
aircraft to conduct business.
ADMA - ANSWERThis association represents distributors and manufacturers of
aviation parts on issues of federal legislation and other government activities.
Debt Loads - ANSWERCompared to other transportation modes, the air
transportation sector has much higher ______.
All other air freight carriers and the motor freight industry - ANSWERCompetition for
air freight comes from ______.
Shippers - ANSWERThe primary target of the services offered by the Cargo
Marketing Plan are ______ .
Increased tenant fees charged by the airport will not discourage occupancy/activity -
ANSWERThe "Compensatory Ratemaking Methodology" is based primarily on the
assumption that ______.
Improve significantly and broaden scope - ANSWERThe rise of the "Supply Chain
Management" philosophy in logistics has resulted in the competitiveness of air freight
(vs. other modal choices) to ______.
Deterministic (causal or the effects of other effects) - ANSWER"Dependent" capacity
demands can be modeled as if they were ______ events.
Specific - ANSWERThe three rules of forecasting: the more ______ the forecast is,
the less likely it is to be accurate.
Independent - ANSWERMarket demand for cargo capacity is typically modeled as
______ demand.
Portfolio Approach - ANSWERThe "use of a variety of different forecast model types
and parameters and compare the results" describes the ______ approach.
, Accuracy and Bias - ANSWERDifferent 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 - ANSWEROf the two types of forecast model error, ______ can be
described as the "width of the forecast error."
Adaptive, more flexible - ANSWERThe key to addressing the capacity-demand
mismatch for the future is to build ______ facilities.
Access to passenger baggage handling facilities - ANSWER"Forwarders" (belly
freight) typically need facilities with ______ .
Total volume of freight to be moved & type/concept of freight movement (belly,
dedicated, integrated) - ANSWERThe historical mis-matches between cargo
infrastructure capacity required (supply) and available (supply) have occurred both
along the dimensions of ______ and ______ .
The prediction involves events even further into the future. - ANSWERThe three
rules of forecasting: certainty about the estimate tends to decay rapidly as ______.
Portfolio forecasting - ANSWERDifferent 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.
Time-Series - ANSWERA forecasting model that relies on the "historical data of a
single variable to predict itself" is the ______ forecast model type.
Qualitative data - ANSWERThe data format (variables) that is best represented by
complex textual description is ______.
Very specialized and efficient for only one type of user - ANSWERThe 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 - ANSWERThe "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 ______.
Larger and more specialized airport freight handling facilities - ANSWERThe
introduction of wide-bodied freighter aircraft has driven the need for ______.
IATA - ANSWERThis organization is primarily concerned with the coordination of
tariffs, fares, rates and charges by providing a forum for member states to discuss
these matters.
