EPM single Managed Server for all applicatoins vs EPM multiple managed servers

Hi Guys
There are two options of setting my managed serves in weblogic
1 - All application comes under single managed server.
2 - Every application have it's own managed server.
(Please correct me if there are other ways to other than this.)
What are the advantages and disadvantages of both?
Regards

Actually the purpose of these purely lies in your usage and env capacity ..
Suppose I have a test env where in I frequently suppose to restart the services , then I will better go for single managed option as I would not like wasting my time in stopping and starting of services .
Note this will have high RAM burden as you would be starting all the service even if you don't need that .
If you are constantly bringing services up and down you want the control of being able to choose what you are restarting. Lets say in your Test environment you want to change the deployment settings of JVM, change the Planning properties, change Essbase Server settings, you hose FDMEE and need to restart.... this list can easily go on ... you want to be able to restart the individual component rather than everything. You cannot accurately test patches in Test, because they don't simulate Prod - so you have to bank on having another pre-prod environment to do all of this in. You cannot tune accurately, because you have no control over the individual web apps.
As Dattatray said "    2.  as there is only one window service, RAM  and processor consumption will be less"
as JohnGoodwin said "I am not a fan of the single managed server unless it is for low resourced machine, e.g. laptop or POC, it is more trouble than it is worth."
The RAM usage is going to be lower, not higher.

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