This problem involves understanding the principle of volume conservation. When identical solid spheres are melted and reformed into a larger sphere, the total volume of the material remains the same. We need to find the diameter of the resulting larger sphere.
The core idea is that the total volume of the 216 small spheres is equal to the volume of the single large sphere formed after melting.
The volume ($V$) of a sphere with radius ($r$) is given by the formula: $ V = \frac{4}{3}\pi r^3 $
By applying the principle of volume conservation and the formula for the volume of a sphere, we determined that the diameter of the large sphere formed is 84 cm.