A method is disclosed for allocating computer system resources, such as memory, among applications. Input parameters are received for applications. The parameters include a minimum entitlement value, a maximum entitlement value, and a weight. The minimum entitlement is the minimum amount of resources that the application should receive. The maximum entitlement is the maximum amount of resources that the application should receive. The weight specifies the priority of the application relative to other applications, for purposes of distributing system resources. Computer system resources are then allocated among applications based on the parameters.