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Ava is setting up a production model for her jewelry-making business. She decides to use Solver to find the optimal number of topaz and onyx pendants to produce with the given constraints. One of the most important constraints is that the minimum number to produce is 100 of each. Please answer the questions below, referencing the above figure as needed.
-Ava is ready to fill in the By Changing Variable Cells box. She would choose the cells containing the ____.
Flexibility Option
An option that provides the holder with the ability to adapt or change an investment based on changing circumstances.
Inputs/Outputs
In economics and business, inputs refer to the resources used in the production process, while outputs are the goods or services produced.
Expected Net Present Value
The anticipated value in today's terms of future cash flows from an investment minus the initial investment cost, considering various possible outcomes.
Industry Standard
The generally accepted requirements, practices, or criteria within a particular industry or sector.
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