Given the following demand data, compute a simple exponential smoothing forecast for alpha values of $0\mathrm{.}1$ and $0\mathrm{.}5.$ Use the actual value in Period $1$ as your starting forecast in Period $2.$

Note: Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.

$\backslash$table$[[$Period$,$Actual Demand$],[1,54],[2,52],[3,51],[4,54],[5,52],[6,52],[7,52],[8,49],[9,50],[10,47],[11,47]]$

$\backslash$table$[[$Period$,=0\mathrm{.}1,=0\mathrm{.}5$