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The marketing researcher for Pooch Party,a manufacturer of toys for dogs,has noticed an increased trend in pet owners dressing their dogs in clothing. The researcher thinks there is a market for designer clothing for small and medium-sized dogs,but he's not sure if the segment is substantial. In this case,substantiality means the segment:
Obsolescence
The process of a product or technology becoming outdated or no longer used, often due to advancements in the field.
Toyota Production System
An integrated socio-technical system developed by Toyota, aimed at efficiently organizing manufacturing and logistics to improve customer satisfaction and minimize waste.
Total Production Streamlining
The comprehensive optimization of all aspects of the manufacturing process to enhance efficiency, reduce waste, and increase productivity.
Total Process Simplification
The systematic reduction of complexity in business processes with the aim of improving efficiency, effectiveness, and flexibility.
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