Go to HD and get one of those johnny guest ballvalves and attach it to the waste line. Restricting the flow on the waste line will get you more pure water compared to waste... something along the lines of 4:1 as Tony has said. When that waste line is wide open, water will travel the path of least resistance. RO membranes need back pressure on them to perform best. During the colder months, you will also get a worse ration due to cold water. Best results with RODI occur when the water is 77 degrees, 40 PSI with some restriction on the waste line.
As we all know too well, there is a lot of waste when it comes to running RO. It's one of those things we try to prevent, but there is only so much we can do. Personally, I took my RO chamber off line and just run the sediment and carbon filters then through 3 DI chambers. I go through DI resin twice as fast because of this, so even though I use 100% of my water, replacing DI resin isn't exactly cost effective. My TDS from the tap goes between 28 and 32, and that is the only reason I would even try DI only. I can't give long term pros and cons since it has only been running a few months and I'm not saying you should try it.