Birthday profile

Eliyahu M. Goldratt

Eliyahu M. Goldratt, Israeli physicist and economist (died 2011)

Born
March 31, 1947
Died
June 11, 2011
Zodiac sign
Aries
Birth year
1947

About Eliyahu M. Goldratt

Eliyahu Moshe Goldratt (Hebrew: אליהו משה גולדרט; March 31, 1947 – June 11, 2011) was an Israeli business management guru. He was the originator of the Optimized Production Technique, the Theory of Constraints (TOC), the Thinking Processes, Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and other TOC derived tools. He was the author of several business novels and non-fiction works, mainly on the application of the theory of constraints to various manufacturing, engineering, and other business processes. The processes are typically modeled as resource flows, the constraints typically represent limits on flows. In his book The Goal, the protagonist is a manager in charge of a troubled manufacturing operation. At any point in time, one particular constraint (such as inadequate capacity at a machine tool) limits total system throughput, and when the constraint is resolved, another constraint becomes the critical one. The plot of Goldratt's stories revolve around identifying the current limiting constraint and raising it, which is followed by finding out which is the next limiting constraint. Another common theme is that the system being analyzed has excess capacity at a number of non-critical points, which, contrary to conventional wisdom, is essential to ensure constant operation of the constrained resource. After some work, Goldratt discovered that the habits and assumptions (paradigms) of employees and managers prior to using the software were still prominent and negatively influenced results after implementation. After leaving Creative Output circa 1985, Goldratt created the Avraham Y Goldratt Institute or AGI (named after his father) to promote the Theory of Constraints and help it be implemented worldwide. From the beginning of the 2000s, Goldratt created the self-funded Goldratt Group and launched the Viable Vision initiative.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

The world when Eliyahu M. Goldratt was born

Eliyahu M. Goldratt was born in 1947. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Culture in 1947

  • #1 song"Near You" – Francis Craig
  • Top movieMiracle on 34th Street
  • Top TV showHowdy Doody
  • Best-selling bookThe Diary of a Young Girl – Anne Frank

Headlines and milestones

  • Major sports momentJackie Robinson breaks baseball's color barrier
  • Top headlineJackie Robinson breaks Major League Baseball's color barrier
  • Technology milestoneTransistor invented at Bell Labs
  • Defining fadFlying saucer mania
  • Notable inventionPolaroid instant camera
  • World population2.47 billion

United States snapshot

  • U.S. leaderHarry S. Truman
  • Sports championNew York Yankees (World Series)
  • Also wonPhiladelphia Warriors (BAA)
  • U.S. population144.1M

1947 versus 2026

These figures put everyday life in Eliyahu M. Goldratt's birth year beside the site's latest United States snapshot.

Measure19472026
Gas$0.23$3.45/gal
Average home$7,800$435,000
Average income$4,700$67,500
Minimum wage$0.40$7.25/hr (federal)
Movie ticket$0.40$11.95
Postage stamp$0.03$0.73
Population144.1M341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Library of Congress, Wikidata. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.