Olympia Productions Incorporated makes award medallions that are attached to ribbons. Each medallion requires $18$ inches of ribbon. The sales forecast for March is $4,000$ medallions. Estimated beginning inventories and desired ending inventories for March are as follows: $($Assume $18$ inches $=0\mathrm{.}5$ yards$)$

Estimated Beginning Inventory Desired Ending Inventory

Medallions $2,0001,600$

Ribbon $($yards$)10040$

Required:

Calculate the number of medallions to be produced in March.