And so I found out.
I was deploying an image to a server and wanted to try out VMWare Player instead. I am using version 2.0.3. Since the server has 4 processors, I was thinking of configuring the image to use as much processors as are available. Now there are two ways to do this. First, you can use VMWare Workstation or Server to change the configuration of the VMX file. You can use the graphical user interface for this. In my case, since my laptop does not have multi-processors, I did encounter an error stating that the image will not start if I use more than one CPU. But it doesn't matter since I am not going to start the image on my laptop anyway. I just need to change the settings so I can use those settings on a different machine.
Second, similar to how you do it in Microsoft Virtual PC where you change the VMC file, you can change the VMX file by searching for the numvcpus field and changing the value of the number, let's say from 1 to 2.
Oh, and there's one more thing: VMWare Player does not support more than 2 processors. And so I found out
