Step 1: A DEMUX (Demultiplexer) takes a single input and routes it to one of many outputs based on select lines.
Step 2: 1-to-16 DEMUX requires 4 select lines \((2^4 = 16)\)
Step 3: IC 74154 is a standard TTL chip that:
Implements 1-to-16 demultiplexing.
Has 4 select inputs and 16 active-low outputs.
Therefore, IC 74154 is the correct choice.