This paper presents a formulation of the stability problem for a recta
ngular composite plate reinforced by two types of fibers, one of them
being both stiffer and more expensive than the other. An obvious desig
n solution based on cost containment is to concentrate stiffer and mor
e expensive fibers in the area of the plate where they can provide a m
aximum benefit to its stability. In the present paper, the stiffer fib
ers replace a certain fraction of ''ordinary'' fibers in the layers of
the plate oriented along the load direction. Moreover, a distribution
of the volume fraction of these fibers across the width of the corres
ponding layers is nonuniform (piece-wise distribution). The goal is to
maximize the buckling load subject to the constraint on the total cro
ss-sectional area of the stiffer fibers. The solution can be obtained
exactly by integrating the equation of equilibrium for each plate regi
on where the stiffnesses are constant and satisfying the continuity an
d boundary conditions. Another approach, which is employed in this pap
er, is based on the Galerkin procedure. Numerical examples illustrate
a possibility of a significant enhancement of the buckling load using
functionally graded hybrid composite plates.