Can we Automatically Release a Quality Hold after Certain days?

Summary:

We are creating an Inspection for a specific Item - Lot. In the Inspection Plan Action rules, we are changing the Material status to Hold if any characteristics are out of specifications. We are creating a quality issue & updating the inspection & then again the Item-Lot will be released to Active again. Is there any possibility to automatically change the material status of the Lot to Active after certain days?

Content (required):

We are creating an Inspection for a specific Item - Lot. In the Inspection Plan Action rules, we are changing the Material status to Hold if any characteristics are out of specifications. We are creating a quality issue & updating the inspection & then again the Item-Lot will be released to Active again. Is there any possibility to automatically change the material status of the Lot to Active after certain days?