To derive Dyson's Series, we use the fact that for every operator $V$, we have
$$\int_0^tdt_1\int_0^{t_1}dt_2\dots\int_0^{t_n}dt_nV(t_1)V(t_2)\dots V(t_n)= \frac{1}{n!}T\left(\left({\int_0^{t}dt'V(t')}\right)^n\right)$$
where $T$ is the time-ordering operator. This can be found e.g. here on page 29
But how do we interpret the RHS of the equation $$T\left(\left({\int_0^{t}dt'V(t')}\right)^n\right)$$? If we evaluate $$\left({\int_0^{t}dt'V(t')}\right)^n$$ it is only dependent on one time variable $t$. What role would the operator $T$ then play?