Let
\[
M =
\begin{bmatrix}
1 & 0 \\
0 & 2
\end{bmatrix},
\quad
K =
\begin{bmatrix}
2 & -1 \\
-1 & 1
\end{bmatrix}
\]
satisfy the eigenvalue problem:
\[
(M - \alpha K)\,\phi = 0
\]
The lowest eigenvalue \( \alpha \) is __________ (rounded off to two decimal places).