I need help with all of this but I am particularly worried about section 3. I do not know how to calculate WIP, etc.Document Preview:For this assignment you will be required to assess the performance of two processes and evaluate their efficiency and value.A government office processes two types of applications, Basic and Special, for an agency responsible for awarding funds for projects. Separate departments within the office process the two types of applications. The office manager is interested in finding out whether it is possible to reduce the processing times of each application and has asked you to evaluate each process. He would like each process to be 50% efficient. After reviewing both processes you have found the following information:Basic application process (per application)Special application process (per application)60 minutes required to input information140 minutes required to input information60 minutes required to verify information100 minutes required to verify information20 minutes required to double-check work60 minutes required to double-check work30 minutes spent in mailroom30 minutes spent in mailroom10 minutes moving between stations30 minutes moving between stationsAdditional informationAdditional information2 employees work on Basic applications3 employees work on Special applications10 Basic applications wait to be processed20 Special applications wait to be processed 1. For each application type, compute the cycle time, throughput rate, and throughput efficiency. 2. According to your calculations, which process appears to be more efficient? Why do you think this is? What suggestions would you provide the manager for improvement? What areas seem to be non-value adding and why? 3. Suppose that you have identified an improvement that would reduce the work-in-progress (WIP) for Basic applications to 4 and for Special applications to 7. What effect does this have on throughput rate and throughput Attachments: assignment.docx