Let us say that x is the cut that we will make on the sides to make a box, therefore the new dimensions are:
 l = 15 – 2x
 w = 8 – 2x
 It is 2x since we cut on two sides.
  
 We know that volume is:
 V = l w x
 V = (15 – 2x) (8 – 2x) x
 V = 120x – 30x^2 – 16x^2 + 4x^3
 V = 120x – 46x^2 + 4x^3
  
 Taking the 1st derivative:
 dV/dx = 120 – 92x + 12x^2
  
 Set dV/dx = 0 to get maxima:
 120 – 92x + 12x^2 = 0
  
 Divide by 12:
 x^2 – (92/12)x + 10 = 0
 (x – (92/24))^2 = -10 + (92/24)^2
 x - 92/24 = ±2.17
 x = 1.66, 6
 We cannot have x = 6 because that will make our w negative, so:
 x = 1.66 inches
  
 So the largest volume is:
 V = 120x – 46x^2 + 4x^3
 V = 120(1.66) – 46(1.66)^2 + 4(1.66)^3
 V = 90.74 cubic inches