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Volume Optimisation Problem

Starting with a 12cm by 12cm square piece of card, if a square is cut out of each corner and the resultant net folded to form an open box, what is the maximum possible volume that the box can have?
Starting with a 12cm by 12cm square piece of card, if a square is cut out of each corner and the resultant net folded to form an open box, what is the maximum possible volume that the box can have?