Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.1 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 51

2 51

4 52

4 49

5 49

6 50

7 49

8 50

9 48

10 47

11 45