New host provisioning without DHCP using vmware compute resource

Hi Guys,

New to foreman, trying to understand how it works, went through manuals but
still confused with below…can somebody clarify please…Thanks in advance

Is it possible to create a new host with just static ip and no DHCP in a
vmware compute resource…?

what does "images" under compute resource menu mean…?, is that a vm
template on vmware or a location of iso image somewhere in datastore…?

And for network based provisioning method, does Media(in new host create
menu) refer to installation media …?and can I add my local iso or weblink
where my OS files reside…? instead of downloading from internet.

Atleast one provisioning template is a must for new host creation…?.