Pick n buy is a company that supplies fresh fish to two supermarkets,kamature and zonda super market.During 2018, the two supermarkets had large stocks of unsold fish at the end as shown in the table.

	kamature	zonda
Stock of fish at the beginning of the year	$175	$165
Cost of fish sold during the year	$105	$112
Stock of fish at the end of the year	$130	$120

Required

1. Describe the significance of inventory turnover in the formulation of strategy
2. Pick n buy is considering dropping the outlet which has a less favorable inventory turnover. On the basis of the inventory turnover of each supermarket, advise which supermarket should be dropped.