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AVMG 4200 Exam 2 Questions and Correct Answers

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AVMG 4200 Exam 2 Questions and Correct Answers

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AVMG 4200 Exam 2 Questions and Correct
Answers
This association represents the entire general aviation community
and actively promotes aviation safety. Ans: AOPA

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

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

Compared to other transportation modes, the air transportation
sector has much higher ______. Ans: Debt Loads

Competition for air freight comes from ______. Ans: 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 ______. Ans: Trend away from
motor freight to air freight

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

The "Compensatory Ratemaking Methodology" is based primarily
on the assumption that ______. Ans: Increased tenant fees charged
by the airport will not discourage occupancy/activity




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The rise of the "Supply Chain Management" philosophy in logistics
has resulted in the competitiveness of air freight (vs. other modal
choices) to ______. Ans: Improve significantly and broaden scope

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

Market demand for cargo capacity is typically modeled as ______
demand. Ans: Independent

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

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

The key to addressing the capacity-demand mismatch for the
future is to build ______ facilities. Ans: Adaptive, more flexible

"Forwarders" (belly freight) typically need facilities with ______ .
Ans: Access to passenger baggage handling facilities

The historical mis-matches between cargo infrastructure capacity
required (supply) and available (supply) have occurred both along


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