Which applications are used to manage the inventory of tools?

The correct answer is rooted in the specific functionalities of the applications used within Maximo for tool inventory management. The Tools application is designed explicitly for tracking and managing tools, providing features to add, update, and monitor tool usage and locations. It enables users to manage tool inventories efficiently, ensuring that necessary tools are available when needed.

The Stocked Tools application complements this by facilitating the management of tools that are kept in stock for immediate use. It allows for tracking the quantity of tools on hand, ensuring that inventory levels are optimal, which is crucial for operations-dependent tool availability.

While other applications mentioned have their purposes, they do not specialize in the specific management of tools. For instance, the Inventory Usage and Asset Applications focus more broadly on inventory management and asset tracking without the dedicated features specific to tool management. Similarly, the Item Master and Condition Codes applications deal with overall item categorization and condition tracking rather than tools specifically. The Asset and Tools Applications do include some aspects of asset management, but they do not provide the comprehensive tool management features that the first choice encompasses.

Thus, the two applications, Tools and Stocked Tools, are the most suitable for managing the inventory of tools, providing a detailed and focused approach to this particular area of asset management.