Apparently,setting up the Min and Max Memory setting for SQLServer should be definitely encouraged and no server should be left out with the default settings.But here is a quick word of caution around this -

Do you want to change these numbers on the fly randomly when there is good amount of load on the production system ?

The answer is ‘No’. You shouldn’t be changing these numbers on the fly for your random testing on a production box with good amount of load.

Changing these numbers using sp_configure and hardening the changes using a reconfigure or doing it via GUI will clear the plan cache, and that’s not something which you would like to happen on a busy production box.

Let me show a quick demo to explain this.

Step 1

I will query the employee table which is available for the AdventureWorks2012 database

USE [AdventureWorks2012]
GO
SELECT * FROM [HumanResources].[Employee]

Step 2 

The above query will cause an adhoc plan to be stored in the cache. We can verify this by querying the plan cache

SELECT st.text , qp.query_plan , cp.cacheobjtype , 
cp.objtype , cp.plan_handle 
FROM sys.dm_exec_cached_plans cp 
CROSS APPLY sys.dm_exec_sql_text(cp.plan_handle) st 
CROSS APPLY sys.dm_exec_query_plan(cp.plan_handle) qp 
WHERE objtype = 'Adhoc';

Step 3

I will change the Min Server Memory of the server using sp_configure

sp_configure 'Min Server Memory (MB)',501
RECONFIGURE

As soon as I run this command,I can check the sql server error log to see messages like

SQL Server has encountered 1 occurrence(s) of cachestore flush for the ‘Object Plans’ cachestore (part of plan cache) due to some database maintenance or reconfigure operations.

SQL Server has encountered 1 occurrence(s) of cachestore flush for the ‘SQL Plans’ cachestore (part of plan cache) due to some database maintenance or reconfigure operations.

SQL Server has encountered 1 occurrence(s) of cachestore flush for the ‘Bound Trees’ cachestore (part of plan cache) due to some database maintenance or reconfigure operations.

Step 4

Query the plan cache again to see that its cleared

Conclusion

Changing instance level settings needs to done with care and if possible these should be done during a proper change/maintenance window for production systems.

Thanks for reading and keep watching this space for more.