The potential of the Dense Plasma Focus (DPF) for industrial applications in many fields is well recognized, although yet to be realized in practice. Particularly attractive is the possibility of its use as inexpensive industrial source of nuclear reactions for diverse high value applications such as fast pulsed neutron radiography of hydrogenous materials, non-intrusive neutron interrogation of concealed organic contraband and rapid production of short lived radioisotopes for medical diagnostics and therapy. Recently, it has been suggested that it may be possible to operate the DPF efficiently in a High-Pressure-Optimized (HPO) mode. This paper explores the design parameter space for such HPO-DPF based on the revised Resistive Gratton-Vargas (RGV) model with a view to identify a practicable set of system parameters and their scaling. The current waveform predicted by the revised RGV model for the chosen set of parameters is fitted to the Lee model to estimate the likely neutron yield.