I added 2 needed files. DPMI16BI.OVL is new and RTM.EXE seem to be made by XP when I ran MDLC.exe but I had to add it as Win7 failed to make it. I claim no ownership of MDLC or MK MDLC. I only wish to make MDLC work with DOSbox.
The Install and Tutorial will walk you through installing DOSbox and conveting FS2002/FS2004 aircraft to CFS2. While this is meant to help you convert aircraft to CFS2 all other functions of MDLC will work. Useful for those than need to use /a to SCASM edit a model or use /b to convert a model to BGL so it can be imported into Model Converter X.