Barbara,
My understanding is that an opportunity forecast is a forecast based on the values of all opportunities that are [1] owned by the user, [2] assigned to the sales unit that is being forecasted, [3] have a close date within the forecast period and [4] have the include in forecast flag set.
An opportunity aggregate forecast is a forecast that includes all of the above plus also includes all the values of opportunities in forecasts that were submitted by reporting employees to the user.
In other words the opportunity aggregate forecast is a roll-up of the forecasts from a manager's employees, plus his /her own opportunities.
Ron
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