Question: If I calculated SS value using monthly units (the std calculated in excel was the monthly standard deviation and we also converted the lead time
If I calculated SS value using monthly units (the std calculated in excel was the monthly standard deviation and we also converted the lead time from 1 week to 7/30 months), should I multiply the SS by 12 for the total annual inventory cost to make all time units consistent (since everything else in that total annual inventory cost equation is annual)?
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