7. A company assembles boats.
They can assemble up to five boats in any one month, but if they assemble more than three they will have to hire additional space at a cost of \(\pounds 800\) per month.
The company can store up to two boats at a cost of \(\pounds 350\) each per month.
The overhead costs are \(\pounds 1500\) in any month in which work is done.
Boats are delivered at the end of each month. There are no boats in stock at the beginning of January and there must be none in stock at the end of May.
The order book for boats is
| Month | January | February | March | April | May |
| Number ordered | 3 | 2 | 6 | 3 | 4 |
Use dynamic programming to determine the production schedule which minimises the costs to the company. Show your working in the table provided in the answer book and state the minimum production cost.