An Approach for Ready Mixed Concrete Selection For Construction Companies through Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) Technique

Abstract-Ready Mix Concrete (RMC) industry is continuously growing all over the world and India is not an exception to it. The pace of mechanization in the past was very slow due to the availability of cheap and abundant labor, lack of capital investment and the highly fragmented nature of the construction sector. Multi-criteria decision making for evaluation of Ready Mixed Concreteby implementing Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method is simple to understand and permits the pursuit of best alternative criterion depicted in a simple mathematical calculation. Due to this, decision making for selection of suitable Ready Mixed Concrete is of special importance. The Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) was first developed by Yoon and Hwang. For a Ready Mixed Concrete selection different important criteria are takeninto account. These criteria have different weights by different experts. Using these weights provides the rank to every Ready Mixed Concrete with the help o