Hey Wtabata,
It's a balance of processor and memory that gives the best performance. If you're not sure you have a couple of options.
You can start small and build up. Nobody penalizes you for getting the next bigger package, though they will penalize you for signing a contract for a larger package and then downgrading.
Performance test your application on a virtual test bed, the best combination of compute and memory will remain basically the same as you begin to scale up (though as you get to 8+ processors on an instance or more than one instance operating behind a load balancer, you'll see the ratio change)
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