What is the relevance of the Memory Hiearchy to operating system design?\ \ What is the relevance of the Memory Hiearchy to operating system design?\ \ It suggests that each layer can serve as a "backing store" for the layer above.\ \ It gives us a flexible framework for designing virtual addressing schemes.\ \ It tells us, in rough order of magnitude, the relative performance of scheduling algorithms.\ \ It describes the history of CPU architecture in terms of storage.\ \ None of the above.