a detailed description of one or more embodiments of the disclosed apparatus and method are presented herein by way of exemplification and not limitation with reference to the figures . referring to fig1 a portion of one embodiment of a setting device is illustrated at 20 . the portion of the setting device 20 includes at least a first component illustrated herein as a mandrel 14 , a second component illustrated herein as a housing 18 and a third component illustrated herein as a body lock ring 22 . all three of the components 14 , 18 and 22 include features 24 , 30 , 34 and 38 that are interengagable with one another to allow relative movement of at least the mandrel 14 relative to the housing 18 in a first direction while preventing movement in an opposing direction . in this embodiments the features 24 , 30 , 34 and 38 are teeth . specifically , the body lock ring 22 has the teeth 24 that face radially outwardly and engage with the teeth 30 that face radially inwardly on the housing 18 . the body lock ring 22 also has the teeth 34 that face radially inwardly and engage with the teeth 38 that face radially outwardly on the mandrel 14 . the optional body lock ring 22 is c shaped due to a longitudinal opening ( not visible in the figure ) that extends longitudinally through the body lock ring 22 . this allows the body lock ring 22 to flex which action changes a radial size of the body lock ring 22 to thereby allow the teeth 34 thereon to ratchet relative to the teeth 38 when the mandrel 14 is pushed longitudinally toward the housing 18 . this ratcheting engagement , while allowing longitudinal movement of the mandrel 14 towards the housing 18 prevents movement of the mandrel 14 in a longitudinal direction away from the housing 18 thereby discouraging unsetting of the device 20 . in an embodiment , one or more portions of the mandrel 14 , the housing 18 and the body lock ring 22 are configured to dissolve in a set time period after being exposed to a target natural or created environment . the dissolution causes the teeth 24 of the body lock ring 22 to become disengaged with teeth 30 of the housing 18 or the teeth 34 of the body lock ring 22 to become disengaged with teeth 38 of the mandrel 22 , or both . in one embodiment , the whole of the teeth 24 , 30 , 34 , 38 are configured to dissolve while in other embodiments only portions of the mandrel 14 , the housing 18 and the body lock ring 22 are configured to dissolve . more specifically , in an embodiment only one or more sets of the teeth 24 , 30 , 34 , 38 may be configured to dissolve . proportionally to the volume of dissolvable components , the ease of removal of the tool 42 will increase . once the teeth 24 , 30 , 34 , 38 are disengaged , the mandrel 14 and the housing 18 can move longitudinally away from one another allowing them to separate . this of course removes longitudinal compression of a tool 42 , such as a packer illustrated in the figure , consequently releasing the packer . the foregoing device 20 allows an operator to set the tool 42 by longitudinally compressing the tool 42 between the mandrel 14 and the housing 18 and to maintain the tool 42 in the set position for a set period of time . the period of time may be established by the time required before dissolution of at least one of the mandrel 14 , the housing 18 and the body lock ring 22 sufficiently to disengage the teeth 24 or 34 from the teeth 30 or 38 . the mandrel 14 , the housing 18 and the body lock ring 22 can be constructed of metals and metal alloys that are configured to dissolve upon exposure to certain environments including specific fluids , temperatures and pressures , for example . the fluids can include fluids anticipated to be encountered in a downhole environment such as , oil , water , brine and combinations of the foregoing or fluids that are applied to the environment having at least a purpose of dissolving the components . as such , for applications wherein the setting device 20 is employed in an earth formation borehole 44 such as during a hydrocarbon recovery or carbon dioxide sequestration operation , for example , the dissolution of the metals can be initiated by entry into the borehole 44 . alternately , dissolution can be initiated after exposing the setting device 10 to a selected fluid that is pumped to the location of the setting device 20 . fluids such as acids and bases that may not occur naturally in the borehole 44 can allow additional control over timing of dissolution since the dissolution would not begin until the selected fluid is introduced to the location of the setting device 20 . in such borehole 44 applications , among other things the tool 42 may include seals 46 , slips 50 and cones 54 to allow the setting device 20 to establish and maintain sealing and anchoring of the tool 42 to a casing 58 , liner , or other structure within the borehole 44 , for example . in applications wherein the tool 42 is a fracing plug a seat 62 can be included on the housing 18 ( or the mandrel 14 ) for seating of a plug ( not shown ) such as a ball to allow pressure to build thereagainst to perform a treating operation such as a fracing or a formation chemical treating operation . the material and / or the geometry of the mandrel 14 , housing 18 and the body lock ring 22 as well as the fluid to cause dissolution thereof can be selected to control a rate of dissolution . in so doing , the setting device 20 can be configured to maintain the tool 42 in the set configuration until after any operations that require the tool 42 be set are completed . while the invention has been described with reference to an exemplary embodiment or embodiments , it will be understood by those skilled in the art that various changes may be made and equivalents may be substituted for elements thereof without departing from the scope of the invention . in addition , many modifications may be made to adapt a particular situation or material to the teachings of the invention without departing from the essential scope thereof . therefore , it is intended that the invention not be limited to the particular embodiment disclosed as the best mode contemplated for carrying out this invention , but that the invention will include all embodiments falling within the scope of the claims . also , in the drawings and the description , there have been disclosed exemplary embodiments of the invention and , although specific terms may have been employed , they are unless otherwise stated used in a generic and descriptive sense only and not for purposes of limitation , the scope of the invention therefore not being so limited . moreover , the use of the terms first , second , etc . do not denote any order or importance , but rather the terms first , second , etc . are used to distinguish one element from another . furthermore , the use of the terms a , an , etc . do not denote a limitation of quantity , but rather denote the presence of at least one of the referenced item .