Reflexive polyhedra encode the combinatorial data for mirror pairs of
Calabi-Yau hypersurfaces in toric varieties. We investigate the geomet
rical structures of circumscribed polytopes with a minimal number of f
acets and of inscribed polytopes with a minimal number of vertices. Th
ese objects, which constrain reflexive pairs of polyhedra from the int
erior and the exterior, can be described in terms of certain non-negat
ive integral matrices. A major tool in the classification of these mat
rices is the existence of a pair of weight systems, indicating a relat
ion to weighted projective spaces. This is the cornerstone for an algo
rithm for the construction of all dual pairs of reflexive polyhedra th
at we expect to be efficient enough for an enumerative classification
in up to 4 dimensions, which is the relevant case for Calabi-Yau compa
ctifications in string theory.