The Automation section allows you to set a precise date and time of when you would like certain menus and pages to show live on your website. Alternatively if you want some pages to expire after they have been up for a while, you can set a date as to when you would like them to come down and the CMS will do this for you.
View Automation allows you to see menus and pages that are due to go live in the future. It will show you the date and time that it will go live and how many menus and pages it applies to.