Dual sourcing in repeated procurement competitions

Article Abstract:

The effectiveness of the US Defense Dept.'s repeated procurement strategy of dual sourcing is examined. This approach involves dividing production quantities between two or more suppliers to enhance the attractiveness of government business and, consequently, stimulate competition among contractors. The study focuses on the use of dual sourcing as a tool for mitigating the competition-reducing impact of production learning and costs of entry. A two-period model that takes into account these two variables is used for assessing the performance of the governments' purchasing methodology. The results indicate that dual sourcing is an effective mechanism for counterbalancing the inhibition of competition and is shown to minimize overall expected costs. Dual sourcing becomes even more valuable in cases when the buyer cannot commit to long-term contracts or when the contractor cannot bid away expected gains.

National Security, Dept of Defense-Procurement, Analysis, Interpretation and construction, Purchasing, Government purchasing, United States. Department of Defense, Defense contracts

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Dominique de Menil

Article Abstract:

Arts patron and philanthropist Dominique de Menil studied for graduate and postgraduate qualifications in mathematics and physics at the Sorbonne in Paris, France. After her marriage, she moved to New York, NY, where in the early 1940s she and her husband came under the influence of the Dominican Father Marie-Alain Couturier. They developed a very strong interest in art, and sought to bring art into the lives of others. They curated a Van Gogh retrospective in the new Contemporary Art Museum in 1951.

Obituary, Art patrons, Menil, Dominique de

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The Lost Waltz

Article Abstract:

In 1957, Joseph Wechsberg, wrote an article in which he reminisced about Demel's. Demel's located in Vienna Austria is a pastry shop that has been in operation snce 1786.

Restaurants, Vienna, Austria, Demel's, Vienna, Austria

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