Memory storage requirements for digital signal processing operations, for example, motion-compensated video scan rate conversion, that produce intermediate output data, which is then used as an input to the operation, are reduced by reordering operations and organizing memory allocations in a special manner to allow intermediate output at a particular execution time, to substantially share the same memory space as the intermediate output of a previous execution time. Such a reduction in the amount of memory required for processing operations advantageously reduces cost and power consumption.