Calculating materials and costs for a print job is called what?

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Prepare for the NOCTI Graphic Production Technology Test. Use a variety of study aids like flashcards and multiple-choice questions, complete with hints and explanations, to ensure you're ready for exam day!

Multiple Choice

Calculating materials and costs for a print job is called what?

Explanation:
Estimating is the process of forecasting the materials and costs required to complete a print job, including quantities of paper, inks, finishes, and labor, so you can set a bid or budget before starting. This differs from waste allowance (the expected spoilage or setup scrap), unit cost (cost per single item produced), and markup (the amount added to cost to determine the selling price). Since the question focuses on figuring out what it will take to complete the job and what it will cost, estimating is the best fit.

Estimating is the process of forecasting the materials and costs required to complete a print job, including quantities of paper, inks, finishes, and labor, so you can set a bid or budget before starting. This differs from waste allowance (the expected spoilage or setup scrap), unit cost (cost per single item produced), and markup (the amount added to cost to determine the selling price). Since the question focuses on figuring out what it will take to complete the job and what it will cost, estimating is the best fit.

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