estimating

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estimating

the process of judging the probable expenditure to be incurred in making a product, as a basis for setting a product price. Estimating is generally less detailed and accurate than COSTING where actual costs of jobs are ascertained, but it may suffice in quoting a price for a job.
References in classic literature ?
Measurement owes its existence to Earth; Estimation of quantity to Measurement; Calculation to Estimation of quantity; Balancing of chances to Calculation; and Victory to Balancing of chances.
In whichever of these circumstances the obstacle lies, it is no obstacle in my estimation.
Your silence, dearest, has never lowered you in the estimation of your true friends.
I can hear of the loss of the Moonstone, let who will speak of it, without feeling degraded in my own estimation.
I presume her position there was not of the most exalted kind, yet it was sufficiently so to qualify her, in her own estimation, to talk politics.
He had clumsily allowed Mirabel to improve his position--while he had himself lost ground--in Emily's estimation.
Whatever the coming subject of discussion between them might be, it was clearly an important subject in Sir Percival's estimation--and perhaps (judging from his evident reluctance to approach it) a dangerous subject as well, in the estimation of the Count.
but if she be as virtuous as thou believest, it is an uncalled-for proceeding to make trial of truth itself, for, after trial, it will but be in the same estimation as before.
Again: if under the sudden anguish of a wound the receiver of it makes a grimace, he falls some degrees in the estimation of his fellows; his corps are ashamed of him: they call him "hare foot," which is the German equivalent for chicken-hearted.
For a free mountaineer to pause at a paltry consideration of dollars and cents, in the attainment of any object that might strike his fancy, would stamp him with the mark of the beast in the estimation of his comrades.
The water is held in high estimation by the islanders, some of whom consider it an agreeable as well as a medicinal beverage; they bring it from the mountain in their calabashes, and store it away beneath heaps of leaves in some shady nook near the house.
It is evident then that in the due government of a family, greater attention should be paid to the several members of it and their virtues than to the possessions or riches of it; and greater to the freemen than the slaves: but here some one may doubt whether there is any other virtue in a slave than his organic services, and of higher estimation than these, as temperance, fortitude, justice, and such-like habits, or whether they possess only bodily qualities: each side of the question has its difficulties; for if they possess these virtues, wherein do they differ from freemen?