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Avit 402 Exam 3 Questions and Answers

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Avit 402 Exam 3 Questions and Answers Consolidated operations and delay analysis system (CODAS) [2] - ANSWERS -Takes into account weather, etc. Considers gate to gate operations Delay analysis used for customer service report - ANSWERS -Airline service quality performance (ASQP) Delay analysis used by DOT - ANSWERS -Airline service quality performance (ASQP) Negative side of Airline service quality performance (ASQP) - ANSWERS -Airlines build in allowances Airports that uses the 'slot' system [3] - ANSWERS -JFK, LaGuardia, O'hare How do slots work? - ANSWERS -DOT give you a piece of time to land the plane during that period, but you'll have to manage your own gate usage Operating expenses - ANSWERS -The cost you'll be paying only if the airport is opearting Non-opearting expenses - ANSWERS -The cost you'll have to pay even if the airport is not running Examples of non-operating expenses - ANSWERS -Interest on debts

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Avit 402 Exam 3 Questions and
Answers6

Consolidated operations and delay analysis system (CODAS) [2] - ANSWERS -Takes into account
weather, etc.

Considers gate to gate operations



Delay analysis used for customer service report - ANSWERS -Airline service quality performance
(ASQP)



Delay analysis used by DOT - ANSWERS -Airline service quality performance (ASQP)



Negative side of Airline service quality performance (ASQP) - ANSWERS -Airlines build in
allowances



Airports that uses the 'slot' system [3] - ANSWERS -JFK, LaGuardia, O'hare



How do slots work? - ANSWERS -DOT give you a piece of time to land the plane during that
period, but you'll have to manage your own gate usage



Operating expenses - ANSWERS -The cost you'll be paying only if the airport is opearting



Non-opearting expenses - ANSWERS -The cost you'll have to pay even if the airport is not
running



Examples of non-operating expenses - ANSWERS -Interest on debts

, Contributions to organizations (AAAE)



Do airports get a lot of money from aircraft parking? - ANSWERS -No



Types of budgeting [4] - ANSWERS -Lump sum

Appropriation by activity

Line item budget

Zero-budget



Lump sum budgeting - ANSWERS -A lump comes in and you allocate it to different sectors

Mostly used by small GA airports



Appropriation by activity budgeting - ANSWERS -Distributes funding for each sector

Looks like a funding tree



Line item budgeting - ANSWERS -Most detailed plan used at major airports. It comes up with
numbers and how much increase/decrease it will have in the short future.



Zero-based budgeting - ANSWERS -Managers for each sector prepares the costs and a review
board sorts them in order of importance and allocate the budget



The idea behind a zero-baed budgeting - ANSWERS -Mangers are forced to look at a program in
its entirety



Budgeting system used at most commercial airports - ANSWERS -Line item budgeting



Two types of financial management at commercial airports - ANSWERS -Residual cost approach

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