Why would you tune it? Because, if you set it high enough, then for all your short-lived actors, memory allocation will become a no-op (= bump allocation), and the actor will never experience enough memory-pressure to trigger a garbage-collection pass, before the actor exits and the entire process heap can be deallocated as a block. The actor will just “leak” memory onto its heap, and then exit, never having had to spend time accounting for it.
This is also done in many video games, where there is a per-frame temporaries heap that has its free pointer reset at the start of each frame. Rather than individually garbage-collecting these values, they can all just be invalidated at once at the end of the frame.
The usual name for such “heaps you pre-allocate to a capacity you’ve tuned to ensure you will never run out of, and then deallocate as a whole later on” is a memory arena. See https://en.wikipedia.org/wiki/Region-based_memory_management for more examples of memory arenas.