Netflix's NetMatch Is a Software Agent That Uses Data Mining

question 68

True/False

Netflix's NetMatch is a software agent that uses data mining tools to sift through a database of more than 3 billion film ratings,as well as through customer rental histories.

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Definitions:

Cost

The monetary value incurred in the production of goods and services, including materials, labor, and overhead expenses.

Raw Materials

Basic materials that are used in the production process to create finished goods, often reflecting a significant portion of manufacturing costs.

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Liabilities owed by a business to creditors for goods and services purchased on credit.

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The money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.