Hi kblewett, Happy New Year. While I am no expert I would say, from a practical perspective, that I can not see how throwing away 90% of a perishable product, of the larger volume size, would be less expensive then buying less of the smaller volume size of the same product at higher cost initially but would allow for use of greater volume of the bottle, once opened, and sustain a longer shelf life, with the exception of unexpected storage environmental mishap, enabling you to absorb the higher cost. In other words, buy less quantity of the smaller volume size at an initial higher cost, but be able to use near 100% of the volume and because it is the smaller size you would be able to store it, unopened, for a longer period. These to benefits may help absorb some, or all, of the higher cost.
I hope this helps some.