Is it possible arrayformula combined with many if, and, isblank?

Is it possible arrayformula combined with many if, and, isblank ??

The code below works fine

=IF(AND(ISBLANK(F8)=TRUE,ISBLANK(H8)=FALSE), "Not shipped", IF((AND(ISBLANK(F8)=FALSE,ISBLANK(H8)=FALSE)),"Shipped",""))

I have to make ERP in google spreadsheet

I'm tying to combine arrayformula with upper code.

=arrayformula(IF(AND(ISBLANK(F8:F)=TRUE,ISBLANK(H8:H)=FALSE), "Not shipped", IF((AND(ISBLANK(F8:F)=FALSE,ISBLANK(H8:H)=FALSE)),"Shipped","")))

Doesn't work..

I want to put combined arrayformula in G8 cellIt's really bother me

https://docs.google.com/spreadsheets/d/1JMzixU7tdCbHqz-w4m_HYWym1VQPNN73lNs3WyiVPpc/edit?usp=sharing