Assignments, Status Archived, Supervisor Interface

Is it possible to archive an assignment?
If the answer is yes, what are the steps to do it?
If the answer is no, what is the objective of the filter: Status archived?
Many thanks!

Yes, it is possible.
Select assignments you want to archive by clicking a checkbox on the left. A menu with two options will appear at the bottom of the screen. Click Archive button on that menu to archive assignments you selected.