TLDR: 1 Coconut + 2 Bone Blossoms for Prismatic Pie, repeat until Chris P craves pie, and then give to Chris when he does.
Of all the many prismatic recipes we discovered today, the one that stood out to me most as the easiest to mass produce is the pie recipe consisting of 1 Coconut and 2 Bone Blossoms. This recipe is by far the least expensive prismatic recipe, and also consists of only two easily renewable and mass producible fruits. Not only that, one is a fruit with a high huge chance, and the other is a fruit that produces many per individual tree, and produces quickly too, meaning you get even more rewards. Now, you can quickly produce prismatic pies, but what do you do next? Well, you produce more pies and wait. You keep repeating and checking on Chris P. every hour, seeing his craving. Once his craving is pies, now your hard work pays off. You give ALL your pies you spent the past few hours, or even days depending on our luck. Now, you get tens to hundreds of rewards, all with the luck boost of the cravings (How it works from my experience) and the full range of rewards by giving prismatic fruits. Now, spend the rest of the hour cooking and giving pies, then repeat the process!
Bonuses of this method: High Rewards Amounts, Cheap Ingredient Requirements, and only requires Bone Blossoms and Coconuts, so doesn't require too much space.
Enjoy Pie Method! (If I am wrong on the cravings, please tell me, because I do know it boosts something, otherwise it wouldn't have been added, right?)