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AVMG 4200 Exam 2 Questions with Detailed Verified Answers for Accuracy

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AVMG 4200 Exam 2 Questions with Detailed Verified Answers for Accuracy

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ACCURACY IS GUARANTEED


AVMG 4200 Exam 2 Questions with Detailed
Verified Answers for Accuracy
This association represents the entire general aviation
community and actively promotes aviation safety.

✓✓ AOPA


This organization represents more than 4,000 business that
use aircraft to conduct business.

✓✓ NBAA


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

✓✓ ADMA


Compared to other transportation modes, the air
transportation sector has much higher ______.

✓✓ Debt Loads


Competition for air freight comes from ______.

✓✓ 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 ______.

✓✓ Trend away from motor freight to air freight

, ACCURACY IS GUARANTEED

The primary target of the services offered by the Cargo
Marketing Plan are ______ .

✓✓ Shippers


The "Compensatory Ratemaking Methodology" is based
primarily on the assumption that ______.

✓✓ 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 ______.

✓✓ Improve significantly and broaden scope


"Dependent" capacity demands can be modeled as if they were
______ events.

✓✓ 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.

✓✓ Specific


Market demand for cargo capacity is typically modeled as
______ demand.

✓✓ Independent

, ACCURACY IS GUARANTEED

The "use of a variety of different forecast model types and
parameters and compare the results" describes the ______
approach.

✓✓ 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.

✓✓ Accuracy and Bias


Of the two types of forecast model error, ______ can be
described as the "width of the forecast error."

✓✓ Accuracy


The key to addressing the capacity-demand mismatch for the
future is to build ______ facilities.

✓✓ Adaptive, more flexible


"Forwarders" (belly freight) typically need facilities with
______ .

✓✓ 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 ______ .

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