maximum size of memory depends on the addressing scheme
memory access time — time elapsed between start of transfer of word of data and completion
memory cycle time — minimum time delay required between initiation of two successive memory operations
RAM (random-access memory) — memory where access time to any location is the same (compare to serial access)
memory access time is the bottleneck in the system. options to speed this up:
data is transferred between memories in blocks involving tens to thousands of words