Additional Problem $03-07($Algo$)$

Given the following demand data, compute a simple exponential smoothing forecast for alpha values of $0\mathrm{.}3$ and $0\mathrm{.}5.$ Use the actual value in Period $1$ as your starting forecast in Period $2.($Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.$)$

$\backslash$table$[[$Period$,$Actual Demand$],[1,55],[2,56],[3,58],[4,55],[5,56],[6,56],[7,58],[8,56],[9,53],[10,54],[11,53]]$