Two tests, one answer
A conductor has to pass two independent checks, and the calculator reports the larger of the two sizes:
- Ampacity: the smallest size whose NEC Table 310.16 rating in the 75°C column is at least the load current. For continuous loads (running 3 hours or more), 210.19(A)(1) and 215.2(A)(1) require sizing for 125% of the current. Small conductors are also capped by 240.4(D): 14, 12 and 10 AWG copper are limited to 15, 20 and 30 A, and 12 and 10 AWG aluminum to 15 and 25 A, even though the table lists higher values.
- Voltage drop: the smallest size whose drop, VD = 2 × I × R × L ÷ 1,000 (1.732 instead of 2 for three-phase), is at or below your target. R is the Chapter 9 Table 8 resistance in ohms per 1,000 ft.
On short runs ampacity usually governs. On long runs voltage drop takes over.