Delve into the second part of a comprehensive video lecture on fatty acid synthesis, focusing on the conversion of Malonyl-CoA into 16-carbon fatty acids. Explore the crucial role of fatty acid synthetase, examining its various domains and their functions in the synthesis process. Learn about the step-by-step decarboxylation reactions and gain a deeper understanding of how palmitic acid is produced as the end product of fatty acid synthesis. Enhance your knowledge of metabolism and biochemical pathways through this in-depth exploration of lipid biosynthesis.