Here are a few examples of how you might use "or" in a sentence that includes a compound noun, but the "or" doesn't directly form the compound noun:
* "We need to purchase a printer or scanner for the office." (The compound noun here is "printer scanner," but "or" is used to connect the two options.)
* "The black and white or color photo will be perfect for the album." (Here, "black and white" and "color" are separate words, but they modify the compound noun "photo.")
In general, you won't find compound nouns formed with "or." If you have a specific context or idea in mind, I might be able to help you find a better way to express it!