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AVMG 4200 Test 2 QUESTIONS & ANSWERS(RATED A+)

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A Production Certificate - ANSWERIs issued to the manufacturer when the manufacturer is found able to produce the model in a standardized form A Type Certificate - ANSWERShows that the aircraft design meets FAA construction and performance standards This organization's primary purpose is to encourage cooperation among the states and with the federal government to develop state and national transportation systems. - ANSWERNASAO Globally, between ______ of all air freight is carried as "opportunity cargo" in scheduled air passenger flights. - ANSWER40-50% The air transportation industry is typically (compared to other modes) _____ and _____ . - ANSWERcapital intensive, highly leveraged It is generally accepted that the first integrated, "door to door" air freight service was established by - ANSWERDHL in 1969 Initial marketing programs generally fall into one of two forms: _____ and _____ . - ANSWERcooperative, informational The economic impact of air cargo operations at an airport has changed from _______ to ______ in the last two decades. - ANSWERlocal, regional The two primary targets to attract to the airport under the Cargo Marketing Plan are _____ and _____ . - ANSWERAir Carriers, Air Freight Forwarders In order to forecast levels of "unserved demand" (opportunity) for an airport or region, an analyst must take into account both _____ and _____. - ANSWERtotal freight demanded, total capacity already available The demand for cargo infrastructure capacity is typically modeled as _____ demand. - ANSWERDependent The three rules of forecasting: any forecast will always be - ANSWERwrong; even when it is "right" A forecasting model that relies on the "intuition and experience of subject matter experts" is the _____ forecast model type. - ANSWERJudgmental The Simple Moving Average is an example of a common _____ forecast model type. - ANSWERTime Series A forecasting model that relies on the "imputed relationships between a set of variables to predict a different variable" is the _____ forecast model type - ANSWERCausal The key to addressing the capacity-demand mismatch for the future is to build _____ facilities. - ANSWERadaptive, more flexible "Forwarders" (belly freight) typically can use facilities with _____ efficiently - ANSWERoff-ramp docks The introduction of wi

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AVMG 4200 Test 2 QUESTIONS &
ANSWERS(RATED A+)
A Production Certificate - ANSWERIs issued to the manufacturer when the
manufacturer is found able to produce the model in a standardized form

A Type Certificate - ANSWERShows that the aircraft design meets FAA construction
and performance standards

This organization's primary purpose is to encourage cooperation among the states
and with the federal government to develop state and national transportation
systems. - ANSWERNASAO

Globally, between ______ of all air freight is carried as "opportunity cargo" in
scheduled air passenger flights. - ANSWER40-50%

The air transportation industry is typically (compared to other modes) _____ and
_____ . - ANSWERcapital intensive, highly leveraged

It is generally accepted that the first integrated, "door to door" air freight service was
established by - ANSWERDHL in 1969

Initial marketing programs generally fall into one of two forms: _____ and _____ . -
ANSWERcooperative, informational

The economic impact of air cargo operations at an airport has changed from
_______ to ______ in the last two decades. - ANSWERlocal, regional

The two primary targets to attract to the airport under the Cargo Marketing Plan are
_____ and _____ . - ANSWERAir Carriers, Air Freight Forwarders

In order to forecast levels of "unserved demand" (opportunity) for an airport or
region, an analyst must take into account both _____ and _____. - ANSWERtotal
freight demanded, total capacity already available

The demand for cargo infrastructure capacity is typically modeled as _____ demand.
- ANSWERDependent

The three rules of forecasting: any forecast will always be - ANSWERwrong; even
when it is "right"

A forecasting model that relies on the "intuition and experience of subject matter
experts" is the _____ forecast model type. - ANSWERJudgmental

The Simple Moving Average is an example of a common _____ forecast model type.
- ANSWERTime Series

, A forecasting model that relies on the "imputed relationships between a set of
variables to predict a different variable" is the _____ forecast model type -
ANSWERCausal

The key to addressing the capacity-demand mismatch for the future is to build _____
facilities. - ANSWERadaptive, more flexible

"Forwarders" (belly freight) typically can use facilities with _____ efficiently -
ANSWERoff-ramp docks

The introduction of wide-bodied freighter aircraft has driven the need for -
ANSWERlarger and more specialized airport freight handling facilities

The "Land Use" factor to be addressed during the cargo facility development process
recognizes that the development area must be - ANSWERzoned for industrial use

Two of the most significant changes that have had an impact on airport air cargo
operations are the rapid ______ and the continuing shift to _____ for domestic air
cargo activity. - ANSWERincreases in cargo carrying capacity of airline fleets, motor
freight

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. -
ANSWERIATA

The first recorded freight transport by powered aircraft in North America was -
ANSWERbolts of silk from Dayton Ohio to Columbus Ohio in 1910

"Integrated" air freight carriers are unique in that they offer - ANSWERdoor to door
service using motor freight

Compared to other modes of transportation, air is typically - ANSWERFaster but
most expensive

The _____ category of initial marketing forms can be described as "business
meeting held in the office." - ANSWERInformational

The physical product characteristics that result in high "air eligibility" preferences
include - ANSWERperishability (economic and physical)

The first Contract Air Mail (CAM) routes were established by the U.S. Postal Service
in - ANSWER1925

The risk assessment/risk management approach to resolving the high loan rate/low
ROI paradox of modern air cargo development investment includes the use of -
ANSWERresidual ratemaking methodology

The "Modern Air Cargo Development Paradox" can be resolved through the use of -
ANSWERrisk assessment/risk management

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