calculation

n. computation (adding, subtracting, etc.); estimation; planning

A calculation is a deliberate process for transforming one or more inputs into one or more results. The term is used in a variety of senses, from the very definite arithmetical calculation using an algorithm to the vague heuristics of calculating a strategy in a competition or calculating the chance of a successful relationship between two people.Multiplying 7 by 8 is a simple algorithmic calculation.
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(n.)
The act or process, or the result, of calculating; computation; reckoning, estimate.
  

(n.)
An expectation based on circumstances.
  

Noun
1. the procedure of calculating; determining something by mathematical or logical methods
(synonym) computation, computing
(hypernym) procedure, process
(hyponym) transposition
(derivation) account, calculate
2. problem solving that involves numbers or quantities
(synonym) computation, figuring, reckoning
(hypernym) problem solving
(hyponym) extrapolation
(derivation) account, calculate
3. planning something carefully and intentionally; "it was the deliberation of his act that was insulting"
(synonym) deliberation
(hypernym) planning, preparation, provision
(derivation) forecast, calculate