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SCORES ARE UP!
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Would anyone be willing to teach me vlookup?
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So much
The third equal sign?
=IF(B2>=threshold1, B2*yellow_high, IF(C2>=threshold2, B2*yellow_low, "no action"))
Also missing C2 from the 1st statement, you just start with >=threshold1.
If you're ever stuck with a formula breaking:
Data ribbon > Evaluate Formula and follow the steps to see where it breaks.
Could also use a IFS instead of IF to read better.
Nitpicking but "threshold1" and "Threshold2" should either both be capitalised or not. Once you have multiple references and don't have a set naming convention you can make a mistake and reference a cell that doesn't exist.
Have you ever heard of ChatGPT?
Use the switch function.
What’s the relationship between THRESHOLD1 and THRESHOLD2? If T1 <= T2 then it will never make it to the second term.