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.

---

Definitions:

Direct Labour Hours

The total hours worked by employees who are directly involved in the production process of a company.

Underapplied Overhead

Occurs when the allocated manufacturing overhead costs are less than the actual overhead costs incurred.

Direct Labour Cost

The total cost of all the labor force that is directly involved in the manufacturing of a product or the provision of a service.

Predetermined Overhead Rate

An estimated overhead rate calculated before the manufacturing process begins, used to assign overhead costs to products.