The scheduler menu lets you schedule tasks to execute periodically. The web interface is a front end for cru, a front-end script for BusyBox's version of crontab (crond).
Reboot
The reboot function lets you schedule a periodic reboot of the device.
Reconnect
Here, you can schedule a WAN reconnection.
Custom 1 - Custom 5
The Custom 1 though Custom 5 fields allow you to run custom commands.
The commands called must be in the $PATH. Type: type cho $PATH and which yourcommand to verify this.
If they are not, you must specify their full filesystem location.