... which adds labor, material, and overhead to arrive at total cost, then applies a profit figure to arrive at a proposal price This price can be adjusted according to the other factors we will call ... Bradstreet Analytical Services, Murray Hill, N.J.; Robert Morris Associates, Philadelphia, Pa and database services such as Dialog in Palo Alto, Calif Richard G Newman, "Insuring Quality: Purchasing ... substantial financial, technical, and managerial assistance on the part of the buying firm Determining a fair and reasonable price to pay for goods or services requires the analysis of many factors and...