Aerospace Engineering Question

Department of Engineering BENG AMM- EA315 SE – Aerospace Industrial Studies Module In class Quiz Dated 16th Jan 2023, Time allowed: 2.0 hours Student Name: Student ID #: ************************************************************************ Course Code: EA315SE Course Name: Aerospace Industrial Studies Date: 16th Jan 2023 Time: 15:00 -17:00 Faculty: Hisham Salah Maximum score: 100 Marks Special instructions: – Answer any five (5) questions from below list of questions. – All questions carry equal marks of 20 each. – This is online exam, write your answers in A4 size paper and upload a scanned copy to the designated Turnitin link. After exam completion, you have 10 minutes to upload your answers ************************************************************************ BUSINESS DOCUMENT This document is intended for business use and should be distributed to intended recipients only. Page 1 of 2 Q1) The Traffic rights Freedoms of the air are a set of commercial aviation rights granting a country’s airline(s) the privilege to enter and land in another country’s airspace. Discuss these freedoms of the Air with brief explanations and examples of each freedom where possible? (20 Marks) Q2) Soisa is a specialized company that provides a global trading platform. However, business has not always been as profitable for Soisa. In the first quarter of 2013, Soisa reported revenue of $154 million and operating expenses of $123 million for an operating profit of $31 million. In the first quarter of 2014 Soisa reported that revenue had increased 59%, to $245 million. Soisa’s fixed costs were $37 million and variable costs vary with the amount of revenue. Calculate Soisa’s operating income for the first quarter of 2014 and its % increase in operating income between 2013 and 2014? 20 marks) Q3) there has been a great shift in the Airline business as a result of Low-Cost Carriers (LCC) new business model that had emerged during the last three decades. Many critics state that the LCC new business model had revolutionized the entire Airline industry. Bearing these facts in mind, briefly discuss the main elements of their business model and state the reasons for their success? (20 Marks) Q4) Airport terminals are configured to cater for passengers’ capacity and to facilitate the easy of transfer between different parts of the airport departure and arrival gates, Explain the advantages and disadvantages of the different terminal design options for delivering passengers to the aircraft? (20 marks) Q5) a new Company is attempting to conduct a marketing campaign to promote their products amongst all other competitors’ products within the designated market. An expert advised the Company that one possibility would be to conduct Market segmentation prior execution of the campaign. Considering the above, you are required to discuss briefly how the company can implement segmentation and the objective of segmentation while highlighting to the Company the benefits/ drawbacks of market segmentation? (Marks 20) Q6) XYZ company manufacture of air filters for Aircraft systems; they have determined that the appropriate Selling price of each filter is $48. The factory fixed costs for production and marketing of air filters are $15 million. Bearing this in mind, please answer following questions: (20 Marks) 1. The product manager estimates that he can sell 800,000 air filters at a price of $48. What is the largest variable cost per filter that XYZ Company can pay and still achieve a profit of $1 million? (10 Marks) 2. Suppose the variable cost is $30 per air filter, what profit (or Loss) XYZ would expect? (10 marks) END————————– END ———————————END BUSINESS DOCUMENT This document is intended for business use and should be distributed to intended recipients only. Page 2 of 2