Step 1: Using AM-GM inequality
For maximum \( xy \), apply the method of Lagrange multipliers or use the AM-GM inequality:
\[
a^2 x^4 + b^2 y^4 \geq 2 \sqrt{a^2 x^4 b^2 y^4}.
\]
Substituting:
\[
c^6 \geq 2 \sqrt{a^2 x^4 b^2 y^4}.
\]
Solving for \( xy \):
\[
xy \leq \frac{c^3}{\sqrt{2ab}}.
\]