I think that it is easier to create a table with a field for value lists and create a layout where users can add, delete, and edit the value list options.
That is a more professional option that having users edit value lists, in my opinion.
Regardless, of whether you agree with that or not, my question is this.
If I have a value list for production status and another value list for customer status with each list having different and unrelated values, should I make a table for each list? I think the answer is no, because the different records would seemingly connect unrelated values for the lists. I cannot think of when that would be a problem, but it seems like a bad practice.