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Dec 15, 2022

Research on the Information Price Measurement of Commercial Concrete Based on FAHP-BP Method

Publication: ICCREM 2022

ABSTRACT

Issuing the accurate information price of construction materials is an important responsibility of the administrative department of construction industry. This paper is aimed to measure and calculate the information price of commercial concrete and provide decision reference for the administration department. The fuzzy analytic hierarchy process method was utilized to determine the initial weight of three price channels originated from market entities, informants, and professional website. And then, the BP neural network method is applied to establish the calculation model to measure the information guidance price of commercial concrete. Furthermore, the empirical analysis was implemented, and the result shows that this method can accurately calculate the price of concrete, which is close to the market, which can provide cost management reference for the administrative department of construction industry.

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REFERENCES

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Go to ICCREM 2022
ICCREM 2022
Pages: 759 - 767

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Published online: Dec 15, 2022

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1Postgraduate, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China. Email: [email protected]
2Postgraduate, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China. Email: [email protected]
3Senior Engineer, China Construction Seventh Engineering Division Corp. Ltd., Wuhan, China. Email: [email protected]
4Associate Professor, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China. Email: [email protected]

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