1. It is good tool for a mathematical model which is a single period and deterministic model 2. It is good for the users who are comfortable in handling the Excel Solver and needs to upgrade the Excel Solver for more than 200 variables 3. It works well for the multiple objective problems. 4. Difficult to manage the big model as 100 constraints and 2000 variables can limit the use of the tool's efficiency. 5. Its limitation is that a model designer can not make a big and complex model.
Engineering, mathematical modeling, and machine learning are all fields where MATLAB will shine. It's fast, reliable, and relatively easy to use. MATLAB is the de facto standard when it comes to producing high-quality plots. If you need to deal with large data sets, and not take forever processing them, MATLAB may very well be the tool for you!
Has robust and easy-to-use debugging tools that can help one identify problems in one's codes.
Rich, well-developed and efficient library of mathematical and statistical functions that one might need to develop models or perform statistical analysis.
A very active online user community that is a great resource in terms of seeking help when you hit a snag.
Great help literature (and sometimes videos too) on all tools making it possible for all to train themselves.
On the few occasions when I have used it to deal with problems of optimization of relatively large parameters (with a large number of restrictions and decision variables), the program has been slower, not substantially but slower, than programs such as the WinQsb, even when the latter runs on 32-bit machines and not 64. That has caught my attention, even though it is not a real problem for the uses I give to the program.
Given my partial function as a university professor, it has been much more effective and practical to use other software, due to the limited options that the educational license associated with the software has.
MATLAB should have a full free version (without time limit) in order to be more accessible and thus have a greater user community.
The idea of having toolboxes to work directly with hardware (microcontrollers, single-board computers) is great, but one can tell it isn't updated very frequently and there isn't as much documentation available as with more common resources.
Our organization had a lot of trouble getting our network licenses to work properly and there wasn't any local service provider that could help us get it to work faster.
The best thing about MATLAB is the variety of research and development fields it supports. The reason for this rating is that it is best used for medical images enhancement and signal processing, it is also used for speech to text conversion. This tool server is best when the demand is for machine learning.
The built-in search engine is not as performing as I wish it would be. However, the YouTube channel has a vast library of informative video that can help understanding the software. Also, many other software have a nice bridge into MATLAB, which makes it very versatile. Overall, the support for MATLAB is good.
The use of this software does not necessarily follow that it is "globally better" than others. In the department we have used this and others with similar characteristics, given that, as previously indicated, all the software has advantages and weaknesses with respect to other software with similar characteristics. Obtaining better results lies in the user's ability to detect those "benefits and weaknesses" and maximize their usefulness within the specific field of work in which they operate. In our case, one of the reasons that led us to try and use it, was related to trying to "tie" more processes to the same environment, which in this case is the one associated with the Excel database, in such a way as to reduce the initial manipulation and accommodation that should be made to the data if they come from different sources such as MATLAB, or WinQsb. This facilitates the use of software for the type of user who does not necessarily have deep knowledge of linear algebra or operations research, for example.
On the contrary, the most analytical and knowledgeable user manifested in a high percentage, preferring to use MATLAB as a tool, claiming that they have a greater and easier access to the calculation functions, which even in specific cases, could be modified.
The commands and coding language of MATLAB reads a lot more in plain English as opposed to all the periods and other special characters that are needed when typing in Python or Java. Additionally MATLAB has several different function packages that can solve all different categories of problems so you don't have to make a bunch of different code scrips from scratch.
- It has allowed finding ways to optimize (minimizing costs or times) the field processes involved in various projects.
It has even allowed, in specific cases where it was used for that purpose, to optimize the allocation of resources (people) to work in different jobs that present weekly variations of the activity that these people must perform.
It has allowed the sensitivity analysis of projects to changes in the decision variables related to them, which, and in very dynamic and changing environments, resulted in substantial decreases in money losses.
