It is rare that you would have multiple iterations released for the same revision. The only cases I can think of are where the admin has had to go in and make a minor change. Prior versions may not be obsolete due to inventory issues or usage.
If an admin does make a change to a released version, C.4, and it becomes C.5, then the admin could manually mark C.4 as obsolete.
I do not see this as being a common procedure, but as a rare one-off thing.
There are bigger items for PTC to spend maintenance money on this.
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