I am trying to write a single statement in a single cell that looks at two cells for thresholds.

if cell 1 >= 150 AND cell 2 >=150 then "soft cap"
if cell 1 >= 167 AND cell 2 >=100 then "soft cap"
if cell 1 >= 200 AND cell 2 >=150 then "hard cap"
if cell 1 >= 233 AND cell 2 >=100 then "hard cap"

Appreciate any insights/help in solving this.