Dear Learner
The value of approximately 0.866 represents a condition at which the aircraft's aerodynamic performance, particularly its lift-to-drag ratio, is optimized. This means that for a given design, adjusting the dimensions to achieve L/D≈0.866 can result in improved overall performance, including reduced fuel consumption for a given mission profile.
Hope this clarifies your doubt.
Thanks
Prashant (TA)