Milan Technology MIL-SM8002TG - Manual (Page 49)

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DHCP Configuration
It short for Dynamic Host Configuration Protocol that is a protocol for assigning dynamic
IP addresses to devices on a network. With dynamic addressing, a device can have a
different IP address every time it connects to the network. In some systems, the device's
IP address can even change while it is still connected. DHCP also supports a mix of static
and dynamic IP addresses. Dynamic addressing simplifies network administration
because the software keeps track of IP addresses rather than requiring an administrator
to manage the task. This means that a new computer can be added to a network without
the hassle of manually assigning it a unique IP address.
DHCP Configuration interface
DHCP Server Configuration