We had a shop that we used to rebuild jacks when we had issues with them (use them enough and they have issues), mainly Lincolns and Werners, floor jacks and bottle jacks... including having to remove the pressure regulating screw (that tells civillians "do not remove")... We used to set them on a hydraulic press with a pressure gauge - the "2 ton" floor jacks got set at 2 1/2 tons, We would turn the do not touch screw so it held at that point overnight, but would bleed off at 3. Probably similar to how they do it when built.
As to "number of turns", trying to set them like a carburetor idle adjustment screw doesn't work, as some may take 3 turns while others may take 5 or 6... it's not a fuel metering device, it's an overpressure relief valve, so judging by the number of turns won't work.