Final answer:
True, the bill of materials lists the required materials for production and is used with the master production schedule to ensure materials meet production demands.
Step-by-step explanation:
True, the bill of materials (BOM) does indicate how much material will be needed to produce the quantities listed on a given master production schedule (MPS). Essentially, the BOM is a comprehensive inventory of the raw materials, components, and assemblies required to manufacture a product. The MPS serves as the schedule that specifies when and how much of each product is expected to be produced.
The BOM is used in conjunction with the MPS to ensure that sufficient materials are available for production to meet the production targets set in the MPS.