Step 1: Concept This is an optimization problem. Let the parts be $x$ and $y$, where $x + y = 20$. We want to maximize $P = x^3 y^2$.
Step 2: Meaning Substitute $y = 20 - x$: $P(x) = x^3(20-x)^2$.
Step 3: Analysis Differentiate: $P'(x) = 3x^2(20-x)^2 + x^3 \cdot 2(20-x)(-1)$.
Set $P'(x) = 0 \implies x^2(20-x)[3(20-x) - 2x] = 0$.
$60 - 3x - 2x = 0 \implies 5x = 60 \implies x = 12$.
Then $y = 20 - 12 = 8$.
Step 4: Conclusion The two parts are 12 and 8.
Final Answer: (C)