Is There a One Size Fitz All Approach?

At some large retailer, i'm sure they have hot items that they sell once per hour, maybe once per minute at big stores. Yet there are some items that they might sell one a week. Do you think there's a one sized fitz all approach that's good to cover these cases? Or should some sort of distinction be made between based on frequency, or heteroscydasticity, or some metric like that? Yes, isolutly, the prom of calculating the cost of producin the forecast becomes more relevant as the frequency of updating the forecast increases.