OK, I just did some ballpark estimates.
My 1/2 oz bottle of Chlor out looks to be about the same volume as my 1.5" fish (head to anus). Assuming the density of the fish is approximately that of water, I would estimate that my fish weighs approximately 15 g. Assuming that a fish needs 1% of its bodyweight in food per day, this comes out to 0.15 g.
Looking down at a bag of Hikari Lionhead food (3.5 oz size, 100g), I see about 200 pellets. Assuming the bag is about 30 pellets deep, I estimate that there are about 6000 pellets per bag. Therefore, 1 g of food is approximately 60 pellets. 0.15 g of food ~ 9 pellets.
I have four 1.5" fish, so at their current size, the bag of Hikari food would last almost six months.
So, how do my estimates compare to your real-world experience? 9 pellets a day is actually more than I expected.