The object consists of an IBM 2050 CPU, which is part of the IBM 360/50 system. Construction appears to be plastic cast around wood with added details. Model consists of a red sided cabinet, with lights on one side, attached to a table with typewriter-like input device. There are two rectangles of white residue on the side of the table, one over the screw, the other to the right. Black rectangular piece is in separate bag.
When selling large, expensive computer systems, many manufacturers created salesman models to help customers visualize what they were buying as well as to assist in planning where and how to install these complex room-sized computer systems.