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Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
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Quiz: Operations
Due Dec 4, 2023 at 11:59pm Points 50 Questions 18
Time Limit 60 Minutes
This quiz is no longer available as the course has been concluded.
Attempt History
Attempt Time Score
LATEST Attempt 1 57 minutes 48 out of 50
Correct answers are hidden.
Score for this quiz: 48 out of 50
Submitted Dec 4, 2023 at 7:44am
This attempt took 57 minutes.
0 / 2 pts
Question 1
Incorrect
Incorrect
The "narrow"perspective of corporate stakeholders focus primarily
on
productivity.
total travel miles.
costs.
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1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
2/9
2 / 2 pts
Question 2
Key-person insurance policies often use salary multipliers of what
value to help better value the time of an employee?
2.5 to 15 times salary value.
20 to 45.5 times salary value.
20 to 25 times salary value.
2 / 2 pts
Question 3
Annual Aircraft Operating Costs
Determine the approximate Total Cost per Hour with the following data for
a utilization level of 320ight hours.
Variable Cost ....$1,533
Fixed Cost .........$330,000
$2,564
$2,131
$1,533
2 / 2 pts
Question 4
Annual Aircraft Operating Costs
Determine the approximate Total Cost with the following data for a
utilization level of 320ight hours.
1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
3/9
Variable Cost ....$1,533
Fixed Cost .........$330,000
$331,533
$663,066
$820,560
2 / 2 pts
Question 5
Which is a deciding factor when it comes to the decision to either
purchase of lease the aircraft?
Debt philosophy of company.
Market trends.
Condition of the economy.
2 / 2 pts
Question 6
The budget is an extension of which business process?
Saving.
Planning.
Justifying.
1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
4/9
2 / 2 pts
Question 7
What is one cause of the ight department to be lulled into a false
sense of security?
Because of their closeness to corporate hierarchy.
Because of their distance from the main corporate oces.
Because oce staff are unable to eavesdrop.
2 / 2 pts
Question 8
What are the three essential management tasks?
Scan, interpret, and control.
Plan, execute, and feedback.
Execute, monitor, and adjust.
2 / 2 pts
Question 9
Which is a warning sign that spells trouble for the ight
department?
Little interaction with company.
Regularly receiving poor performance evaluations.
Frequent personality conicts.
1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
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2 / 2 pts
Question 10
What is the NBAA CAM program?
It is the maintenance management software program from NBAA.
It is the professional certication program from NBAA.
It is the regional NBAA oce for the central atlantic members.
2 / 2 pts
Question 11
Why do managers, who have been promoted from the ight line,
have such a dicult time performing in their new management
role?
New aviation managers have focused their early career developing
their pilot skills.
Coworkers fail to see the importance of crew resource
management.
Most companies fail to have their aviation managers attend their
formal executive indoc program.
1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
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2 / 2 pts
Question 12
What is at the core of IS-BAO?
Safety management system.
Strict compliance oversight.
Deviation deterrents.
2 / 2 pts
Question 13
Users of IS-BAO have mentioned Cost Containment as a reason for
implementation. What does Cost Containment refer to?
Reduction of operational costs.
Cost optimization.
The prevention of expenses associated with an incident.
2 / 2 pts
Question 14
Which is a goal of SMS?
Manage risk.
Ensure universal compliance.
Tracks performance effectiveness.
1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
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2 / 2 pts
Question 15
What is one broad category in which automation-related incidents
occur?
Failure to read training manual.
System workarounds.
Task saturation.
5 / 5 pts
Question 16
Your Answer:
(Refer to the Class Project Excel le)Using the Cost of Operation
tab enter the following aircraft (use the default loan term variables
[20%, 20Yr, 7.00%, 12]):
1. newPilatusPC12
2. new King Air 350i
3. newPhenom300
4. 2012 Hawker 900XP
What is the estimated yearly cost, based on the data from the city-
pair analysis, for the newPilatusPC12?This is based on how
many hours of utilization?
The cost for the PC12 is about $890,758 and 467 hours
5 / 5 pts
Question 17
1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
8/9
Your Answer:
(Refer to the Class Project Excel le)Using the Cost of Operation tab enter the
following aircraft (use the default loan term variables [20%, 20Yr,
7.00%, 12]):
1. newPilatusPC12
2. new King Air 350i
3. newPhenom300
4. 2012 Hawker 900XP
What is the estimated hours of utilization needed for the King Air 350i to be a
cheaper alternative than charter?
The estimate is 205 hours
10 / 10 pts
Question 18
Your Answer:
Use a minimum of two paragraphs to explain how the author recommended how a
new aviation department manager can develop the necessary skills of a business
executive.
A new aviation department manager can develop the necessary skills of a
business executive by developing and using skills into the workplace.
However, in order for this to happen the manager would need a solid
foundation and the necessary skills in order to become a successful
manager. This includes learning skills such as nancial principles,
budgeting, and strategic planning. This industry is an industry that
changes drastically and using effective resources to ensure that the work
place is safe one, ecient and meeting companies goals.
Another key skill that a lot of new managers need to develop and use is
strong leadership and interpersonal skills. These skills is something that
will help create stronger bonds with employees and partners that you will
come in contact with during your career. This will create a trusting
environment and ensure the employees and workers that you are listening,
holding them to a higher standard and even create stronger and better
friendships and partnerships across the company, and globally even. So
1/31/24, 11:42 AM
Quiz: Operations: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592824
9/9
using all these skills and putting them into your foundation will make the
better manager and company a much better one.
Quiz Score: 48 out of 50
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