Eight articles, a correction note, three professional jokes, and a list of prize winners for 1996. Presents recent developments in the theory, application, and design of simulation. The topics include using real-world and simulation data to estimate a location parameter, variance reduction in Monte Carlo simulations of electric power production costs, inventory management for a supply of spare parts for trucks, automobile insurance novus- malus systems, genetic algorithms with applications to DNA sequence assembly, and simulation and statistical education. Double spaced. No index. Annotation c. by Book News, Inc., Portland, Or.
