Usually used when application foot print is more than internal memory size (3.5MB for case of AM263Px). More on this can be read at Smart Placement
Smart Placement would:
Smart placement is dependent on profiling data and the input given by the user on the priority of the function. The result achieved by smart placement tool is dependent on these factors. In absence of this factor, the full effect of smart placement would not be achieved.
Use this when
More on this can be read at Manual Smart Placement
This method gives an automated way of finding critical functions. A more frequent function is more critical function. Use this when:
More on this can be read at Software Instrument Smart Placement