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In a nutshell, the newsvendor model is this: Buy too many newspapers, and be stuck with excess inventory.

He traversed the metropolis in every direction to get newsvendors to sell the Dwarf, and called every day to see how they sold.

The boy of fifteen was editor, compositor, and newsvendor in one.

The next day, Sunday, they were awakened early by a clamour in the street, and found that newsvendors were doing a roaring trade.

Mr. Ingram happened to be in Paris at the time, and he immediately showed that the old energy and perseverance of the Nottingham newsvendor had not forsaken him.