Best place around the table in Blackjack
You are correct that the best seat is just before the dealer.

The reason for this is that you get extra information before deciding whether to hit or stay. Keep in mind that in your example, you would still have the same decision whether to hit or stay when sitting on a 16 and the dealer showing 11. The only difference, is that sitting to he right of the dealer allows you to see more cards if more than one person is playing and adjust the odds of drawing a particular card.