Unable to create instance of Java Virtual Machine: Jdeveloper

Issue:

 

 Solution:
 The below2 files  must be modified
           C:\Oracle\Middleware\jdeveloper\ide\bin\ide.conf
           C:\Oracle\Middleware\jdeveloper\jdev\bin\jdev.conf

  ide.conf : Add the following lines
                        AddVMOption  -Xmx940M
                       AddVMOption  -Xms128M

jdev.conf :
                    AddVMOption  -XX:MaxPermSize=356M