The maximum number of running shoe inserts that can be produced is
At possibility B, pairs of running shoe inserts can
be produced
At possibility D, pairs of hiking boot inserts can
be produced.

step-by-step explanation:

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step by step solution :

step   1   :

1.1     4 = 22

(4)3 = (22)3 = 26

equation at the end of step   1   :

  ((23) • 26)2

step   2   :

equation at the end of step   2   :

  (23 • 26)2

step   3   :

final result :

  218

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