The first thing we are going to do for this case is define variables. 
 We have then: 
 w: width 
 l: length 
 The perimeter is given by: 
 

 The area is given by:
 

 The area as a function of a variable is:
 

 Rewriting we have:
 

 To obtain the maximum area, we derive: 
 

 We equal zero and clear the value of w: 
 

 

 Then, the length is given by: 
 

 Finally, the maximum area obtained is: 
 

 Answer: 
 A retangle that maximizes the enclosed area has a length of 130 yards and a width of 130 yards. 
 The maxium area is 16900 square yards