We show that, for a particular class of channels that we believe applies to many physical problems of interest, the utility of feedback, insofar as channel capacity is concerned, is simply for allowing the transmitter to perform power control. This class of channels, which assumes noiseless feedback but allows for the feedback to be of arbitrary rate, includes channels that model slow, flat fading channels with variable input power. Thus our result gives some guidance on the design of effective transmission schemes for slow, flat fading channels with feedback. Some technical results relating to the capacity of channels with noiseless feedback are also demonstrated and a dynamic programming formulation for the optimal power control policy problem is proposed
