Methods for dynamically optimizing platform resource allocation of a logically-partitioned data processing system. Processor and memory resources are allocated to logical partitions of the data processing system. After allocating the processor and memory resources to the plurality of logical partitions, local and non-local memory accesses are monitored for the logical partitions. Based at least in part on the local and non-local memory accesses, a determination is made whether to reallocate the processor and memory resources of the logical partitions. Responsive to determining to reallocate the processor and memory resources, the processor and memory resources are dynamically reallocated to the logical partitions of the data processing system.