Create a fictitious manufacturing or service business and integrate any 25 of the following terms in the description of your business operation. Underline each of these words when typing your response. Your business operation narrative should be accurate, explanatory, and very descriptive. Please be advised that the 400 word requirement is the bare minimum for your assignments.
1. Process
2. Product-service bundling
3. Mass customization
4. Sustainability
5. Efficiency
6. Effectiveness
7. Value
8. External Benchmarking
9. Straddling
10. Order winner
11. Order qualifier
12. Productivity
13. Contract manufacturer
14. Core competency
15. Quality function deployment
16. Value analysis/ value engineering
17. Design for manufacturing and assembly
18. Work breakdown structure
19. Slack time
20. Economies of scope
21. Capacity cushion
22. Capacity
23. Best operating level
24. Capacity utilization rate
25. Learning curve
26. Lead time
27. Work center
28. Lean manufacturing
29. TQM
30. Six Sigma
31. DPMO
32. DMAIC
33. PDCA
34. ISO 9000
35. Conformance quality
36. Quality at the source
37. Dimensions of quality