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How memory has been allocated for ESXi server?

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linux-howto

http://serverfault.com – We are server with 48 GB RAM.( We have installed ESXi 4.1 ) For each VM we are allocating 4GB of memory. Since the server is having 13 VM, My manager thinks that i am doing wrong thing. I am going to explain them that it will actually manage by itself. But they asked me how much memory did you allocate for ESXi server? I did not allocate any [I am not even heard of an option about allocating memory for ESXi server]. How main memory has been allocated for ESXi server? How it distirbutes RAM among VM without any issue? (HowTos)