Mama Leone's Frozen Pizzas uses 58,000 pounds of cheese per year. Each pound costs $5.50. The ordering cost for the cheese is $739.90 per order, and its carrying cost is $1.51 per pound per year.

Calculate the firm's economic order quantity (EOQ) for the cheese.

Mama Leone's operates 220 days per year and maintains a minimum inventory level of 5 days' worth of cheese. Assuming that the lead time to receive orders of cheese is 3 days, calculate the reorder point.