Detailed numerical studies of the ablation of a single neon pellet in the plasma disruption mitigation parameter space have been performed. Simulations were carried out using FronTier, a hydrodynamic and low magnetic Reynolds number MHD code with explicit tracking of material interfaces. FronTier's physics models resolve the pellet surface ablation and the formation of a dense, cold cloud of ablated material, the deposition of energy from hot plasma electrons passing through the ablation cloud, expansion of the ablation cloud along magnetic field lines and the radiation losses. A local thermodynamic equilibrium model based on Saha equations has been used to resolve atomic processes in the cloud and Redlich-Kwong corrections to the ideal gas equation of state for cold and dense gases have been used near the pellet surface. The FronTier pellet code is the next generation of the code described in [R. Samulyak, T. Lu, P. Parks, Nuclear Fusion, (47) 2007, 103-118]. It has been validated against the semi-analytic improved Neutral Gas Shielding model in the 1D spherically symmetric approximation. Main results include quantification of the influence of atomic processes and Redlich-Kwong corrections on the pellet ablation in spherically symmetric approximation and verification of analytic scaling laws in a broad range of pellet and plasma parameters. Using axially symmetric MHD simulations, properties of ablation channels and the reduction of pellet ablation rates in magnetic fields of increasing strength have been studied. While the main emphasis has been given to neon pellets for the plasma disruption mitigation, selected results on deuterium fueling pellets have also been presented.