If you need an exact size of a hole say like in acrylic then I'd say drill it undersize and use a reamer to hold perfect size, like they do in a machine shop, and as Al said temp is a big factor in exact sizes, weather it's ID (inside diameter) or OD (outside diameter). Just my experience in the 40+ years as a machinist.
CarverJerry
ver. 1.188 Win 7- 64b with 6 GB ram @ 2.8Ghz and dual 1Tb hard drives. Rock Chuck & Ringneck vacuum system hooked up to a Harbor Freight large vacuum. Center line text, conforming vectors.