A method and computer program for selecting circuit repairs using redundant elements with consideration of aging effects provides a mechanism for raising short-term and long-term performance of memory arrays beyond present levels/yields. Available redundant elements are used as replacements for selected elements in the array. The elements for replacement are selected by BOL (beginning-of-life) testing at a selected operating point that maximizes the end-of-life (EOL) yield distribution as among a set of operating points at which post-repair yield requirements are met at beginning-of-life (BOL). The selected operating point is therefore the “best” operating point to improve yield at EOL for a desired range of operating points or maximize the EOL operating range. For a given BOL repair operating point, the yield at EOL is computed. The operating point having the best yield at EOL is selected and testing is performed at that operating point to select repairs.