I look at the expected production of player 1 minus the expected production of the draft pick expended vs. the expected production of player 2 minus the expected production of the draft pick expended. If the draft pick cost for a keeper is outside the 10th round, I use expected production of a replacement player (RB36 or WR36) instead of the expected production of the draft pick.

For example, Hunt as a keeper in the 3rd vs JuJu as a keeper in the 15th.

Hunt was 8.8 ppg above replacement last season, and with some regression and losing short yardage carries to Ware, let's estimate he's 6ppg above replacement this year. A mid 3rd round pick yields 3ppg above replacement (as it did last season), so Hunt nets 3ppg above replacement.

Last season, JuJu scored 1.7 ppg above replacement, and his production was suppressed by being a rookie, missing a pair of games, and Martavis' drawing away some targets. Maybe we expect him to progress, and maybe score 3 ppg above replacement this season. As a 15th rounder, the cost is negligible, so JuJu nets 3ppg above replacement.

If Hunt had higher expected net ppg above replacement, I'd take Hunt, but in this case, I'd rather have 11 players (Juju + 10 picks) in the first 10 rounds than 10 players (Hunt +9 draft picks) in the first 10 rounds.