Similarities in both values and definitions of Macaulay Duration versus Weighted Average Life can lead to confusing the purpose and calculation of the two. 1  For example, a 5 year fixed-rate interest only bond would have a Weighted Average Life of 5, and a Macaulay Duration that should be very close. Mortgages behave similarly.
Logo for OSHAs VPP. Voluntary Protection Programs (VPP) is an Occupational Safety and Health Administration (OSHA) initiative that encourages private industry and federal agencies to prevent workplace injuries and illnesses through hazard prevention and control, worksite analysis, training; and cooperation between management and workers.
ASI 691 Prinicples of HACCP 2 Definitions GMP = Good Manufacturing Practice SOP = Standard Operating Procedure SSOP= Sanitation Standard Operating Procedure HACCP GMPs SOPs SSOPs ISO 9000 Prerequisite Programs ââ¦essential component of an establishmentâs operations and are intended to keep low-risk potential hazards from becoming serious enough to adversely impact the safety of foods producedâ from HACCP: A Systematic Approach to Food Safety