What do "board" and "panel" mean within Arch product user interfaces?

SMT equipment vendors use the terms "board" and "panel" in different ways, which can cause confusion.

In Arch product user interfaces:

• "board" means a single electronic circuit board that will ultimately be used within some product
• "panel" means a set of electronic circuit boards that are passing through the SMT line at the same time as a group

Here is a comparison of the terms some SMT equipment vendors use for what Arch calls a "board" and "panel."

Because ASM and Keysight (for example) use the terms with opposite meanings, there's no way to pick a single naming convention that is consistent with all vendors.