To make milk stretch further, I use both regular (refrigerated fresh) milk and powdered milk. My family did not like the taste of powdered milk alone, so I split a gallon of fresh milk in half (best way is to take an empty milk jug and pour from the full one until you think it is half, then set them side by side on the counter and check), and use half fresh milk and half powdered milk.
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To stretch milk, I have mixed up powdered milk and added it to the regular milk. Instead of 1 gallon, I had 2 and, since they were mixed together, no one was the wiser.
To make skim milk taste like Skim Plus, which is about double the price, add nonfat dry milk. For a half-gallon of skim milk, add a half packet (1/2 cup) of nonfat dry milk to a cup of nonfat milk.