Final answer:
The storekeeper releases raw materials based on a materials requisition, which is a formal request for resources needed for production according to the work order and bill of materials.
Step-by-step explanation:
In business operations, particularly in a manufacturing setting, the release of raw materials is a critical step in the production process. Companies utilize different documents to ensure materials are issued correctly to the production floor. A common document includes the materials requisition, which is a formal request for issuing raw materials to the workers. Another important document is the work order, which instructs the start of production for a particular batch or item and often accompanies the issuance of materials. Finally, a bill of materials (BOM) lists the materials needed for a specific product, which helps in planning but typically is not directly used to release materials. The work order is generally derived from the production schedule and signals the need for materials as per the BOM, while the materials requisition form explicitly requests the release of these materials.
In most typical manufacturing systems, the final answer is (b) materials requisition. This is the document that would be filled out and submitted to a storekeeper to physically release the raw materials needed for production.
The entire process is part of what is known as Factors of Production, which encompasses the resources such as labor, materials, and machinery used to produce goods and services.