Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.3 and 0.5. Use the actual value in Period 1 as your starting forecast in Period 2. (Round all your calculations to two decimal points.)

Period	Actual Demand
1	32
2	33
4	31
4	29
5	30
6	30
7	32
8	32
9	34
10	36
11	36

= 0.3		= 0.5
Period	Forecast	Forecast
1
2
3
4
5
6
7
8
9
10
11
12