The partial output from diagnose hardware sysinfo memory provides details on system RAM allocation. According to Fortinet ' s technical documentation for memory troubleshooting and Linux memory management (which FortiOS is based on):

MemFree is the portion of physical memory not currently allocated to any running process or kernel function. Thus, 708880 kB is available and can be immediately used by user-space programs or system operations.

Inactive refers to pages in the memory cache that were previously in use for I/O or file system buffering but are now not actively referenced. These pages are retained in memory for quick access if needed again, but can be reclaimed for other memory operations if demand increases. The value 98908 kB here represents currently unused cache pages (inactive pages), ready for repurposing or deletion if the system requires more RAM.

Cached represents the total amount of system memory allocated to cache, which includes both active and inactive cache pages. It does not, by itself, represent I/O cache exclusively, nor does " inactive " mean memory “will never be used” as the kernel can re-purpose inactive pages on demand.