This document discusses different approaches to memory management in computer systems. It explains that memory plays a central role, with the CPU and I/O system interacting with memory. It then describes four approaches to memory allocation and management: contiguous storage allocation, non-contiguous storage allocation, virtual storage using paging, and virtual storage using segmentation. Paging divides memory into fixed-size frames and logical memory into same-sized pages, using a page table to map logical to physical addresses. Segmentation divides a program into variable-sized segments and uses a segment table to map two-dimensional physical addresses. The most efficient approach sometimes combines paging and segmentation.