I buy the mondo 32 oz bottle of Star San with built in measuring reservoir. The cost per oz is less for a big bottle, though I have to eat ramen for a month to afford it. (But I have delicious craft beer with my ramen.)
I make up 1.25 gal of solution on brew day. That's roughly 1/4 of 5 gal, so I measure out 1/4 of an oz using the built in reservoir. 1/4 oz is not marked on the reservoir, so I added a mark halfway between 0 and 1/2 oz.
I use a long planter liner and a spray bottle to sanitize stuff, and 1.25 gal is plenty. Use it in the blow off bottle and airlock too. At the end of the day, I fill the spray bottle and dump the rest.
I do not adjust the dosage for alkalinity, but with my water, i think it's better to dump than save -- unless I use RO water, but that tends to be a water waster.
No syringes or droppers or vodka or RO water for mixing. The waste seems minimal and payback good. Now eating a chopped hot dog in my ramen.
Fascinating story, huh?