hdiutil attach /Applications/Install\ macOS\ Sierra\ Public\ Beta.app/Contents/SharedSupport/InstallESD.dmg -noverify -nobrowse -mountpoint /Volumes/install_app
hdiutil create -o /tmp/Sierra.cdr -size 7316m -layout SPUD -fs HFS+J
hdiutil attach /tmp/Sierra.cdr.dmg -noverify -nobrowse -mountpoint /Volumes/install_build
asr restore -source /Volumes/install_app/BaseSystem.dmg -target /Volumes/install_build -noprompt -noverify -erase
rm /Volumes/OS\ X\ Base\ System/System/Installation/Packages
cp -rp /Volumes/install_app/Packages /Volumes/OS\ X\ Base\ System/System/Installation/
cp -rp /Volumes/install_app/BaseSystem.chunklist /Volumes/OS\ X\ Base\ System/BaseSystem.chunklist
This gist has been turned into a full GitHub project: https://github.com/brandonscript/Flex